Bitcoin Daily Active Addresses Approach 1 Million Despite Price Dip

Quick Summary:

The daily active addresses on the Bitcoin blockchain are witnessing a substantial increase and are approaching the 1 million mark, as per IntoTheBlock market intelligence platform.

As Bitcoin is marching towards the $100k level, the on-chain activity is rising with the increased interest among Bitcoin users.

While 60,000 addresses bought more than over 22,700 BTC above the $90,000 price level, 458k addresses amassed more than 340,000 BTC above the $97,000 price level.

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Article Details

Author / Journalist: Manisha Ailneni

Category: Crypto

Markets: United Arab Emirates

Topics: BTC Bitcoin News #Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 12:53:25 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 336 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23891874

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 33 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 13 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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