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Bitcoin Non-Zero Addresses Hit All Time High As Community Expects Inflow Of Institutional Investment

Emily Mason

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

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