According to data from CoinMarketCap, the price of Bitcoin declined by 5.25% in the past week falling below the $60,000 mark. This price dip adds to the string of negative performances in the last month during which BTC has lost 9.88% of its value. However, Bitcoin has recently seen an increase in buying interest despite its recent price dips and popular notions that the maiden cryptocurrency is bound to remain in a consolidation state for now. Prominent crypto analyst Ali Martinez has now stated another development that characterizes the resilient interest in Bitcoin amidst its current overall bearish trend. Related Reading: Analyst Identifies Bitcoin Liquidity Pools You Should Be Aware Of Going Into July Retail BTC Investors Return In Numbers: Incoming Price Rally? In an X post on Saturday, Martinez reported that the number of new Bitcoin (BTC) addresses reached 352,124 on Friday. This figure marks the highest level since April and breaks a downtrend that has persisted since November 2023. Based on this data, the crypto analyst announced a resurgence in the number of retail Bitcoin investors indicating renewed in ..
Support the originator by clicking the read the rest link below.
