August 16, 2022
Bitcoin Sets New Records for the Number of Unique Addresses and Transaction Value
Despite the ongoing bear market, the number one cryptocurrency has recently set some new records.
According to the data from Glassnode, Bitcoin now has over 1 billion unique addresses participating in transactions, which turns out to be the asset’s new all-time high. This number looks even more impressive when compared to 158 million and 148 million unique addresses involved in Ethereum and Litecoin transactions, respectively.
Another striking fact about Bitcoin is that its network was calculated to have settled around $62 trillion worth of BTC in the past 12 months. This number is apparently three times higher than the GDP of the United States.
It is worth noting that Bitcoin has gained some ground over the last month and is now trading at $23,770.12.
You can buy, sell, and exchange BTC effortlessly on ChangeNOW.
Also Read:
- Mike Ermolaev on How US Federal Reserve Rates Influence Bitcoin
- Confusion In India Amidst Proposal To Ban Private Cryptocurrencies
