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Exclusive BTC On-Chain Analysis: Number Of New Addresses Supports Ongoing Price Increase

2 mins
Updated by Ana Alexandre
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In Brief

  • The number of new addresses supports bitcoin's price increase.
  • Similarly, it supports the increases in price for AAVE and COMP.
  • The number of new addresses has been steady for GNO and BZRX.
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For BeInCrypto’s latest bitcoin (BTC) analysis, click here.

Top crypto platforms in the US | March 2024

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Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

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Valdrin Tahiri
Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona School of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst. (I do not have a discord and will not contact you first there. Beware of scammers)
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