Bitcoin Remains Bullish As New BTC Addresses Surge To New 2-Month Highs
Summary
In June, Bitcoin's price declined, disappointing short-term investors. However, on-chain data shows a surge in new Bitcoin addresses, reaching a 2-month high. This suggests growing adoption and long-term prospects. The increase in addresses is attributed to retail investors and recent adoption in the Brazilian market. Despite the recent price decline, the surge in new addresses indicates potential future price surges.
