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Important Bitcoin Metric Hits 6-Month High as BTC Price Prepares for Rebound
According to a recent tweet by popular analyst Ali Martinez, the number of active Bitcoin addresses has reached an unprecedented high in six months. This surge in network activity could be an indication that the asset’s price is preparing for another run-up.
The data shows that over 925,000 Bitcoin wallets were active in the past 24 hours, marking a significant increase since the US elections and contrasting starkly with the “ghost town” declaration following Trump’s inauguration.
Source: https://cryptopotato.com/important-bitcoin-metric-hits-6-month-high-as-btc-price-prepares-for-rebound/
