After several months of hesitation and price drop, Bitcoin finally turned the trend and rose for the first time after February $ 100,000 and climbed to a new local peak.
At the same time, it is clear from the data that the impressive rally of the property has attracted the attention of retail investors – nearly 350,000 new wallets created in the world's largest blockchain network.
In Bitcoin's network, 344,620 new wallets were seen on its network when Fomo was poured in. Crypto's top market assets have silenced bears, for the first time after January, reaching $ 103.8,000. pic.twitter.com/hai245lqjz
– Santiment (@santimentfeed) May 9, 2025
The number of active addresses corresponds to some of the price movements underlying the property. Recall that the Bitcoin block chain had seen mass emigration in February, with little action. The BTC price was in the middle of the month of retreat, culminating less than $ 75,000 in early April.
However, the landscape began to change after that five -month lowest lowest lowest and networking. The metric hit the six -month highest highest highest highest highest highest highest highest highest highest highest highest highest highest highest highest highest highest highest highest, coinciding with an impressive price increase, led to BTC north by $ 20,000.
As the property exceeded $ 104,000 in short, its growth increased from the lowest to around $ 30,000 in April. And the number of active addresses has also been on the rise, according to Santiment.
Other notifications on this issue also indicate that retail investors eventually enter the BTC landscape. Previously, such events have led to explosive marketing, but also at the beginning of the bull cycle. Bitcoin is top -notch for several months after retailing.
At the moment, however, we enjoy a rally that passes a $ 100,000 for a price forecast and more about why this time may be different. In addition, the BTC has undergone another important resistance mentioned in this article, which may indeed mean that things may be different.
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