The recent surge in new users joining the Bitcoin network hints at an exciting future, driving demand and potentially shaping future price trends.
revealed a notable surge in new addresses on the Bitcoin network. This surge was particularly significant as the last time it was observed was back in April. As of this writing, approximately 551,000 new addresses have been registered.The number was a remarkable increase from the 339,000 recorded on 2 July.
While it may not be directly related, it’s worth mentioning that theseven-day active addresses metric has witnessed a recent uptrend. The chart showed a decline starting around 28 June, but there has been a slight upward trend since 5 July. As of this writing, the number of active addresses was approximately 5.2 million, displaying a noteworthy upward movement.On the other hand, there haven’t been any significant shifts in the volume chart, suggesting a stable trade volume.
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