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Bitcoin Non-Zero Addresses Hit All Time High As Community Expects Inflow Of Institutional Investment
Summary: The number of Bitcoin non-zero addresses has reached an all-time-high of 32,925,687, according to data from Glassnode. At the time of writing Bitcoin is trading hands for $19,173 and is up 1%. The increase in number of non-zero addresses over recent days indicates rising investor sentiment that Bitcoin's price will continue to appreciate. The bullish indicator ...
The number of Bitcoin non-zero addresses has reached an all-time-high of 32,925,687, according to data from Glassnode.
At the time of writing Bitcoin is trading hands for $19,173 and is up 1%. The increase in number of non-zero addresses over recent days indicates rising investor sentiment that Bitcoin's price will continue to appreciate.
The bullish indicator also comes after a JP Morgan report estimated that institutions could pump $600 billion into Bitcoin, especially following MassMutual's Bitcoin investment.
By Emily Mason
Tags: Bitcoin,BTC
Link: Bitcoin Non-Zero Addresses Hit All Time High As Community Expects Inflow Of Institutional Investment [Copy]