Bitcoin Hits Second-Highest Daily New Address Count Since 2017, Signaling Resurgence

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Bitcoin Hits Second-Highest Daily New Address Count Since 2017, Signaling Resurgence
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Bitcoin added over 700,000 new addresses on September 9th.

Bitcoin’s price remains in a sideways trend, trading just above the $25,000 mark, while the broader cryptocurrency market is mired in a sea of red. On the network side of things, however, Bitcoin is witnessing increased user adoption.

A staggering 717,331 new Bitcoin addresses were created on September 9th, representing the highest in five years.that the only previous instance of such a notable surge occurred on December 14, 2017, when a total of 800,180 new Bitcoin addresses were generated.

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