According to CoinMeta, analyst Axel Adler Jr stated that after Bitcoin's 30-day market value change rate remained negative for 87 consecutive days, it turned positive on August 24 and rose to +0.88% on September 6. Bitcoin's market value reached $1.068 trillion, with an increase of $9.36 billion over the past 30 days. The on-chain cost base improved after a long period of contraction and continued to rise during the period when Bitcoin's price fluctuated around $80,000.