Number of Non-Zero BTC Addresses Recently Reached an ATH

  • Glassnode alerts mentioned in a tweet today that the BTC network recently reached a new milestone.
  • According to the post, the number of Non-Zero BTC Addresses is at an ATH of 46,227,591.
  • In related news, the price of BTC was trading at $28,902.08 after dropping 1.57%.

The blockchain tracking firm glassnode alerts mentioned a recent on-chain milestone for Bitcoin (BTC) in a tweet this morning. According to the post, the number of Non-Zero Addresses for the market leader recently reached an all-time high (ATH) of 46,227,591. This follows the previous ATH of 46,217,719, which was observed yesterday.

Despite the number of Non-Zero Addresses for BTC reaching an ATH, the crypto’s price was down 1.57% at press time according to CoinMarketCap. As a result, BTC was trading at just under $29K at $28,902.08. This negative price movement also flipped the weekly performance of the leading crypto into the red at -1.43%.

Daily chart for BTC/USDT
Daily chart for BTC/USDT (Source: TradingView)

BTC was trading between the 9-day and 20-day EMA lines at press time as a result of the price drop over the past 24 hours. Should the 20-day EMA fail to provide BTC with the necessary support it could re…

The post Number of Non-Zero BTC Addresses Recently Reached an ATH appeared first on Coin Edition.

Recent Articles

Related Stories