Bitcoin Price Analysis – Active addresses near all-time highs

The Bitcoin network has far more active addresses than any other blockchain. A large uptick or sustained increase in daily active addresses can be seen as a bullish indicator for market prices as it suggests an increase in on-chain demand.

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Bitcoin (BTC) $ 27,617.40 2.49%
Ethereum (ETH) $ 1,753.25 3.06%
Litecoin (LTC) $ 87.86 7.00%
Bitcoin Cash (BCH) $ 126.08 5.80%