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Ethereum World News 2023-08-08 18:43:13

BTC Bulls Are Back? On-chain Indicators Point to Short-Term Rally

BTC recorded its highest daily active address count on 2 August. The recent increase in network activity, surge in loss-making transactions, and growing negative sentiment are all indicators of a short-term price rally for Bitcoin. The number of daily active addresses that trade Bitcoin [BTC] has surged in August, reaching a three-month high of 1.07 million on 2 August, data from Santiment showed. Still growing, the number of addresses that have completed BTC transactions today was 1.03 million. 📈 #Bitcoin's

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