ICYMI: for the majority of the week, Bitcoin's daily active addresses have remained above 1 million, indicating an increase in utility BTC $BTC
The number of active Bitcoin addresses indicates market demand for on-chain transactions and value settlement. When the number of Bitcoin active addresses drops, it may signal the start of a bearish cycle.
, $87 million worth of long positions were liquidated in the last 24 hours as the Bitcoin price fell.Bitcoin remains range-bound after two seemingly failed attempts above the $45,000 mark. The BTC price has been within a sideways range between $42,622 and $45,843 over the last four days.
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