Source: TheMerkle.com
Bitcoin has reached a new all-time high of $93,000, rising by 30% since the U.S. election. Yesterday saw a surge in new Bitcoin addresses, spiking to 442,000—the highest daily number since March—indicating heightened interest and new entries into the market.
The number of new Bitcoin addresses spiked to 442k yesterday, the highest daily value since March of this year.
Is retail finally coming back? pic.twitter.com/L6cPq33mqW
— IntoTheBlock (@intotheblock) November 13, 2024
Despite this rally, metrics such as the MVRV ratio suggest Bitcoin is not yet overvalued, and some analysts see potential for it to surpass $100,000 soon. This target aligns
Read More https://themerkle.com/bitcoin-surges-to-93k-as-new-addresses-and-institutional-investments-hit-record-highs/
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Source: TheMerkle.com
