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Bitcoin Daily Active User Retention

As of

Bitcoin daily active users cohort analysis tells us how "sticky" is bitcoin for its users. How sticky a technology is, is a great predictor of its future. The chart reflects the users that transact in consecutive 24 hour periods.

The values are computed by identifying the addresses used by the same user in multiple transactions. Using those users, we compute retention.

*Notes:

  • The values may change as more blocks come in, and we identify users better
  • Only on-chain data was used.
  • Historical data is calculated using the bitcoin USD price at the transaction date.