Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
BTC Whale Addresses Hit Record
BTC Whale Addresses Hit Record Highs amid the Cryptocurrency’s Market Resurgence
Per the latest data from analytics firm Glassnode, the number of addresses holding addresses 100-10,000 BTC have hit the 9.23M mark for the first time in history. The significant increase in active addresses comes as more whales move into trading the flagship cryptocurrency following a renewed bullish trend. The blockchain analytics platform shows that active BTC entities jumped 30% at the end of July to reach 325,000 active users, matching levels maintained in July of last year. Santiment, a crypto…
4 years ago