BTC Daily Active Addresses Reverse the Trend, Head Back to Growth

IconCryptoNewsTerminal Staff10 Jun, 2024

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BTC Daily Active Addresses Reverse the Trend, Head Back to Growth

Cryptocurrency analyst and trader Ali Martinez reported that "the number of daily active addresses for BTC, which was decreasing since March 5, has reversed the trend and is back on the rise." He added that "in the last 24 hours, the number of active addresses for BTC reached 765,480. The improvement in on-chain metrics is a positive sign for the continuation of the BTC bull market." The tweet was retweeted by the crypto on-chain analysis platform Santiment.