Bitcoin (BTC), Ethereum (ETH) Register Record Rise In Address Activity

Published 25/08/2023, 11:45
© Reuters.  Bitcoin (BTC), Ethereum (ETH) Register Record Rise In Address Activity
BTC/USD
-
ETH/USD
-
USDT/USD
-
LTC/USD
-
MATIC/USD
-

  • Santiment tweeted today that the number of active addresses for BTC, ETH, and USDT has risen.
  • The intelligence firm noted that BTC, ETH, LTC, USDT, and MATIC have twice as many active addresses as any other asset.
  • Technical indicators for ETH and BTC suggested that the market leaders’ prices may soon rise above key resistance levels.

The blockchain intelligence firm Santiment revealed in a tweet this morning that Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) recorded the highest level of address activity. This recent uptick in address activity could be an early indication of substantial price movements in the near future.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.