Data: The number of new Bitcoin wallets last week dropped to its lowest level since 2018
According to data from The Block, the seven-day moving average of new addresses on the Bitcoin network has now fallen to its lowest level since 2018. Over the past week, an average of only 275,000 addresses were added to the Bitcoin network each day, compared to 625,000 six months ago.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
DeFi structured position tool Asgard completes $2.2 million seed round led by Robot Ventures
Data: Oppenheimer predicts S&P 500 index will rise 18% to 8,100 points by 2026
BNY Mellon: The Fed Will Deliver a Hawkish Rate Cut This Week, Dot Plot Reveals Policy Divergence