Bitcoin Trading Volumes Keep Trending in the Right Direction – Can BTC Sustain Its Bull-run?
Bitcoin’s bull run since the start of 2023 which has seen its price jump by close to 70% has been accompanied by a rise in Bitcoin trading volumes.
Improvements relating to Bitcoin trading activity on exchanges comes at a time when on-chain data shows that activity on the Bitcoin blockchain itself is also picking up.
Meanwhile, the rise in the number of active addresses on the Bitcoin network in recent weeks hasn’t been quite as impressive.
Elsewhere, the rate at which new addresses are interacting with the Bitcoin network for the first time has also been trending higher.
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