๐ Retail Investors Making a Comeback? ๐
Crypto market intelligence platform IntoTheBlock has spotted a curious trend: new Bitcoin addresses are on the rise! ๐ After a bearish slump since November 2023, the number of daily new addresses has surged between 286,000 and 337,000 in August. Could retail investors be making a steady return?
Meanwhile, BTC prices took a nosedive to $49,221 on Aug. 5 but bounced back to over $62,000 by Aug. 8. Is a "death cross" looming, or are we gearing up for a super rally? ๐ง
What do you think? Drop your thoughts in the comments! ๐ฌ
