Bitcoin (BTC) investor sentiment up until November 6, 2022

Published by
Raynor de Best,
Sep 6, 2023
Bitcoin's market sentiment was bullish in June 2022, as is shown in the development of the cryptocurrency's NVT ratio. The Network Value to Transactions or NVT ratio is somewhat comparable to a P/E ratio, in that it compares the number of transactions of a particular coin on a set day against that coin's market cap. A low NVT ratio means that that transaction volume of a cryptocurrency is growing faster than the coin's market cap - meaning investor sentiment is bullish, or optimistic - whereas a high ratio refers to a network that has a relatively high network value but low network activity - meaning sentiment is bearish, or negative.

NVT ratio - the market cap against the number of transactions on the blockchain - of Bitcoin (BTC) from January 1, 2021 to November 6, 2022

© Statista 2023
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

November 2022

Region

Worldwide

Survey time period

January 1, 2021 to November 6, 2022

Special properties

NVT measures Network Value - or market cap in the crypto world - against Transactions - or network activity

Citation formats
Statista Accounts: Access All Statistics. Starting from $1,788 USD / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Starter Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$189 USD $149 USD / Month *
in the first 12 months
Professional Account
Full access

Business Solutions including all features.

* Prices do not include sales tax.

Statistics on " Bitcoin (BTC) "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Bitcoin (BTC)

Price

5

Market cap

4

Network activity

4

Trading

4

Mining/Proof-of-Work

5

Bitcoin ATMs

3

Further Content: You might find this interesting as well

Topics

BlockchainGlobal supply chain managementIdentity and Access Management CryptocurrencyInternet of Things (IoT)
Statista Accounts: Access All Statistics. Starting from $1,788 USD / Year
Learn more about how Statista can support your business.
Menu