Bitcoin daily active addresses are on the rise. This has followed the uptick in price after the market crash. As time has gone on and the price has been down for a while, investors are taking this to be a time where they can stock up on the digital asset for cheap. This has led to a high number of daily addresses, and this has continued, indicating that there are bigger things to come. 1 Million Active Addresses In Three Days On-chain analysis firm Santiment recently published a report detailing the number of bitcoin daily active addresses. This number had seen a significant uptick this week after the market had recovered during the weekend. It had first surpassed 1 million daily active addresses on Tuesday. Not out of the ordinary given the adoption trend of bitcoin but it had continued to grow. Related Reading | JPMorgan Puts Bitcoin At $150,000 In The Long-Term, But What About Its ‘Fair Value’? The following two days saw the same above 1 million figure in the number of active addresses. Santiment noted that this number had hit 1.02 million addresses on Thursday, making it the third day in a row that the bitcoin daily active addresses had hit this number. 📈 #Bitcoin's daily active addresses hit 1.02m on Thursday, the third day in a row with 1m+ $BTC addresses interacting on the network. The last time this threshold was consistently above 1m for 3 straight days was December 1-3, when prices were $56k-$57k. https://t...
