Bitcoin's recent surge sparks record active addresses. Alongside, on-chain transactions witness a spike, trading volume remains steady, and BTC exits exchanges, hinting at market shifts.
addresses recently reached its highest point in the past five months. On 14 September, the chart displayed an increase to over 1.1 million active addresses.
While the number of active addresses had surpassed 1 million before, it had never exceeded 1.1 million until now. As of this writing, there were approximately 268,000 active addresses.Furthermore, the Santiment chart indicated a simultaneous surge in the ratio of daily on-chain transaction volume for profit to loss. On 14 September, this metric spiked to approximately 2.34, marking its highest level in recent weeks.
The observed trends in both active addresses and on-chain transaction volume suggested there has been noteworthy activity on the Bitcoin network. However, to ascertain its impact on trading volume, more data and analysis would be needed.has remained relatively stable, with no significant increases noticed. As of this writing, the trading volume stood at approximately $13 billion.
The highest trading volume recorded this year occurred around the 20 July, when it surged to over $93 billion. This suggested that despite the increased on-chain transaction volume and active addresses, the overall transaction volume has remained within a normal range.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
How Bitcoin’s market dominance signals good news for investorsDespite price fluctuations, Bitcoin's market dominance has surged to 50%, overshadowing altcoins and reshaping the crypto landscape.
Lire la suite »
How Bitcoin can break out of its current price trendCryptoQuant analyst notes that for the poor sentiment in the current BTC's market to phase out, its price has to surge past the realized price of its short-term holders.
Lire la suite »
Cathie Wood, Boaz Weinstein Among Winners From Bitcoin Fund BetA host of Wall Street funds have minted profits riding the recent crypto fever after Grayscale Investments LLC snagged a big win over America’s top financial watchdog in its bid to create a US Bitcoin ETF.
Lire la suite »
Bitcoin trades above $26,400 as analysts stress the need to remain above its 200-week MAThe crypto market ended the week mixed, with Bitcoin trading near $26,400 while several altcoins recorded double-digit gains as all eyes now look to next week’s Fed meeting.
Lire la suite »
Bitcoin Is Recoupling With Tech Stocks to the Delight of Crypto DevoteesWhat’s good for equity investors appears to be beneficial again for cryptocurrency enthusiasts, with Bitcoin rebuilding its correlation with technology stocks.
Lire la suite »