Number of new Bitcoin addresses at highest level since 2018

Price of Bitcoin set a new record

Price of Bitcoin (BTC) set a new record, reaching 35 thousand dollars as of January 6th. Continuing the upward momentum, BTC also saw an increase in the number of addresses.

Bitcoin (BTC) continues to Make Investors laugh, exceeding the $ 35k level with a 10% increase it has seen in the last 24 hours. Continuing its upward momentum, Bitcoin’s number of active addresses also increased in parallel with the rise. Commenting on the price of BTC and the number of active addresses on Twitter, blockchain platform YellowBlock said the number of new addresses on BTC reached its highest level since 2018.

“As the number of bitcoin adopters increases, so does its price.”

YellowBlock

Sharing a chart from cryptocurrency analytics company Glassnode, YellowBlock showed the number of new Bitcoin addresses at all times. The chart shows that the date when the number of new Bitcoin addresses is highest is 2018.

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Changes in Bitcoin address numbers
Data shared by glassnode shows that the number of active Bitcoin addresses has risen similarly.

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In addition, Glassnode shared that the number of addresses holding over 1000 bitcoins also made a new ATH, showing that the number of addresses was 2,310. The previous ATH was seen on 18 December 2020 with 2,309 addresses.

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Total number of Bitcoin addresses exceeded 762 million.

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Finally, according to data shared on the blockchain’s website, the number of unique Bitcoin addresses received a value of over 768 thousand on January 5, 2021.

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Graph of the change in the number of unique Bitcoin addresses over the past 1 year.

Current Bitcoin data
Bitcoin has risen more than 25% in the past week, according to data shared by CoinGecko. BTC, which has increased by more than 10% in the last 24 hours, has gone up to 35 thousand dollars. Cryptocurrency’s intraday low was $ 31,200, while trading volume was $ 65 billion. Bitcoin, whose market value exceeds $ 643 billion, is priced at $ 34 thousand.

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