The Bitcoin network is experiencing a decline in its hash rate, with today's average at 760.6 EH/s, compared to the 7-day average of 927.7 EH/s and the 30-day average of 1008.4 EH/s. This reduction may suggest adjustments in mining activities. Additionally, the average daily transaction volume has decreased to 314.9K, down from 386.0K over the past week and 402.4K over the past month, indicating reduced on-chain activity. The mempool currently holds 57.5K unconfirmed transactions, while transaction fees remain low at 1 sat/vB for the fastest processing. This suggests a moderate demand for block inclusion despite the relatively full mempool.