Bitcoin (BTC) $69,484.95 -2.84%
Ethereum (ETH) $2,122.81 -2.99%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 87.734369 -1.87%
Cardano (ADA) $0.27 -2.30%
Chainlink (LINK) $8.96 -2.71%
Litecoin (LTC) $55.07 -0.97%
Dash (DASH) $31.43 -4.37%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 1.284591 3.68%
X-Cash (XCASH) 9.0E-6 -1.04%
Dogecoin (DOGE) $0.00 -5.97%

Cryptocurrencies: 28632

Markets: 116275

Market Cap: $2,388,304,292,507

24h Vol: $109,346,245,322

cryptonews

2023-01-19 15:52:00

New Bitcoin Address Momentum Looking Bullish, What This Means For BTC Price

New Bitcoin Address Momentum Looking Bullish, What This Means For BTC Price

A shift in new Bitcoin address momentum is sending a signal that the world’s largest cryptocurrency might be in the beginnings of a new bull market, data from crypto analytics firm Glassnode reveals. According to Glassnode, the 30-Day Simple Moving Average (SMA) of New Addresses has now been above the 200-Day SMA since the start of November, despite the collapse of cryptocurrency exchange FTX early that month.... Read More: New Bitcoin Address Momentum Looking Bullish, What This Means For BTC Price

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