Bitcoin

Coin

<ul class="news-points"> 
 <li><strong>The cryptocurrency trader and analyst Ali tweeted yesterday that the number of addresses for BTC has been on the rise.</strong></li> 
 <li><strong>According to the post, around 527,000 new addresses are being created daily.</strong></li> 
 <li><strong>Meanwhile, technical indicators suggested that BTC’s price may drop in the coming few days.</strong></li> 
</ul> 
<p>The cryptocurrency trader and analyst Ali revealed in a tweet yesterday that more people are showing interest in <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/" target="_blank" rel="noopener noreferrer nofollow">the market leader Bitcoin (BTC)</a>. According to the post, approximately 527,000 new addresses are being created on the Bitcoin network daily, which is a new yearly high.</p> 
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   <p lang="en" dir="ltr">As <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> continues to fluctuate around $26,000, an interesting trend emerges. Around 527,000 new <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a> addresses are being created daily, representing a new yearly high! <br><br>For those unfamiliar, this suggests more people are showing interest in <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#BTC</a>, even if its price has seen… <a href="https://t.co/7O0NcoJjMz" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/7O0NcoJjMz</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1700196975541374996?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 8, 2023</a> 
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<p>Despite BTC’s price fluctuating around $26,000, the analyst stated that the increase in the number of addresses in the leading cryptocurrency is a long-term bullish indication. Furthermore, he noted that this growth is a positive sign of sustained interes…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/btc-address-count-continues-to-grow-despite-lingering-price/">BTC Address Count Continues to Grow Despite Lingering Price</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

BTC Address Count Continues to Grow Despite Lingering Price

Coin Edition

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