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New Bitcoin Addresses Soar As Price Continues To Rally

Emily Mason

Summary: Bitcoin is currently seeing the highest number of new addresses since the 2018 bull market, as reported by YellowBlock. The growth in adoption comes as Bitcoin's price continues to rise. At the time of writing Bitcoin is trading hands at $34,037 and is up 8.90%. The cryptocurrency has had a stellar 2020 and is up ...

Bitcoin is currently seeing the highest number of new addresses since the 2018 bull market, as reported by YellowBlock.

The growth in adoption comes as Bitcoin's price continues to rise. At the time of writing Bitcoin is trading hands at $34,037 and is up 8.90%. The cryptocurrency has had a stellar 2020 and is up 360% over the course of the year.

Bitcoin's recent rally has pulled up the rest of the crypto market with ETH trading for $1,098 and up 6.6%. If Bitcoin continues to rally it will likely continue to buoy ETH and other altcoins.

By Emily Mason

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