The number of Bitcoin (BTC) wallet addresses holding at least 1 BTC has reached the million mark, indicating that investors are optimistic about flagship crypto assets.Despite the recent sharp drop in the prices of Bitcoin and other cryptocurrencies, on chain data released by blockchain analysis platform Glassnode indicates that investors' interest in this highly volatile digital asset class remains strong
The number of Bitcoin (BTC) wallet addresses holding at least 1 BTC has reached the million mark, indicating that investors are optimistic about flagship crypto assets.
Despite the recent sharp drop in the prices of Bitcoin and other cryptocurrencies, on chain data released by blockchain analysis platform Glassnode indicates that investors' interest in this highly volatile digital asset class remains strong.
Last month, crypto.news reported that Nakamoto's revolutionary invention has entered the stage of increasing its holdings, with the total supply percentage of BTC remaining unchanged for at least five years reaching a historic high of 28.513%.
You may also like it: the ancient Bitcoin wallet became active during its rebound to $30000
According to the latest on chain data, the number of Bitcoin wallet addresses holding at least 1 BTC has reached a new milestone of 1 million.
Will Bitcoin prices rebound and see the upward trend?
After falling to a low of $25811.46 on May 12th, the price of Bitcoin (BTC) seems to have resumed its upward trend, with the asset currently trading at $27474.
According to CoinGecko's data, as of the time of publication, the 24-hour trading volume of Bitcoin was $13156985535, with circulation supply and market value of $19373850 and $532640782691, respectively. It remains to be seen whether bulls will continue to control the market this week.
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])
