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Active Bitcoin Addresses Hit the Highest Level in Three Months

Active Bitcoin Addresses Hit the Highest Level in Three Months

Amid a sharp price jump, Bitcoin, the world’s most dominant digital currency, has witnessed a spike in address activity during the past few days. According to Glassnode, an on-chain analytics platform, the total number of active BTC addresses (7-day Moving Average) touched 55,817 on 13 September 2022, which is the highest level in three months. The overall number of active Bitcoin addresses has climbed significantly in the last seven days as the digital asset spiked by over 12% in the mentioned period. With a market cap of more than $425 billion, BTC now accounts for over 40% of the overall […]