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Bitcoin is Fundamentally Strong As the Network Activities Recorded New Highs

Jean Zheng

Summary: According to information shared by Glassnode CTO Rafael Schultze-Kraft on Twitter, on-chain market metrics including transaction counts, new addresses, active addresses, and spent outputs had positive performances yesterday. The number of daily new addresses is 560k, which reached a 2-year high. Glassnode also indicate that the daily active addresses saw a spike and reached above ...

According to information shared by Glassnode CTO Rafael Schultze-Kraft on Twitter, on-chain market metrics including transaction counts, new addresses, active addresses, and spent outputs had positive performances yesterday.

The number of daily new addresses is 560k, which reached a 2-year high.

Glassnode also indicate that the daily active addresses saw a spike and reached above the 1.08 million mark for the first time since January 2018 when the total recorded was 1.24 million.

by Jean Zheng

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