Bitcoin New Wallets at New 2018 Low
CryptoNewsTerminal Staff19 May, 2024
Bitcoin New Wallets at New 2018 Low
The 7-day moving average of new Bitcoin addresses has fallen to its lowest level since 2018. Six months ago, it stood at 625,000 but last week it recorded 275,000, the lowest since 2018. Other measures, including miner revenue, transaction fees, and on-chain transaction volume, have also declined significantly.
