Crypto Live News
The total number of active addresses on the Bitcoin network has dropped to levels last seen in the 2021 bull run when Bitcoin was priced at around $45,000. This decline suggests reduced activity and fewer transactions on the network, possibly indicating waning interest in Bitcoin.
The lower activity is also reflected in decreased trading volumes, which could lead to periods of price stability. Bitcoin has been trading sideways within a $71,000 to $50,000 range for about 180 days. While some investors see this as a buying opportunity, others may view it as a sign of weakening market interest.
