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Bitcoin Monthly Active User Retention

As of

Bitcoin monthly 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 30-day 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.