RATE Group | Number of Plus Balance Bitcoin Addresses Hits All-Time High, is the Bottom in?
71158
post-template-default,single,single-post,postid-71158,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Number of Plus Balance Bitcoin Addresses Hits All-Time High, is the Bottom in?

06 Dec Number of Plus Balance Bitcoin Addresses Hits All-Time High, is the Bottom in?

Posted at 21:56h in Bitcoin News by

[ad_1]

There are currently more Bitcoin keys with at least one satoshi associated with them than there has ever been before. The number of plus balance addresses is even higher than it was at the peak of the 2017 bull market. 

The figures, although problematic, give something of an indication of the number of Bitcoin users around the world. Despite the record numbers of plus balance Bitcoin wallets, the price remains a long way off its 2019 all-time high but some believe the current downtrend is close to a bottom.

All-Time-High: 28.39 Million Addresses Hold Some Amount of Bitcoin

The news of the all-time high in plus balance addresses comes from venture investor Alex Thorn (@intangiblecoins). Using data from CoinMetrics.io, he identified that the number of addresses holding any amount of Bitcoin has surpassed the previous all-time high of 28.38 million, achieved at the height of the bull market of 2017.

[ad_2]

Source link

Tags:
, , , , , , ,