Over 95% of all Bitcoin addresses have zero balances. BTC/USD resumed the decline after a failed attempt to break above $9,500. Bitcoin is by far the most popular cryptocurrency; however over 95% of Bitcoin addresses have zero balances, according to the recent report published by Glassnode. The researches found out that Bitcoin outperforms other large digital assets in terms of daily active addresses. Also, the number of addresses holding over one coin reached a record high of 815,698 after the halving. However there is a fly in the ointment as the researches pointed out that about 95% of 626 million Bitcoin addresses have zero balances, which brings into question the real growth rate of Bitcoin network. Top-3 cryptocurrencies price updates Bitcoin (BTC) has recovered from the intraday low of $9,208, however, the recovery bumped into resistance created by $9,500-$9,550 area reinforced by the lower line of the 4-hour Bollinger Band. At the time of writing, the first digital asset is changing hands at $9,280, down 2.5% since the beginning of the day, and nearly 4% on a day-to-day basis. A strong move above $10,000 is needed to improve the technical picture and bring more buyers to the market. However, at this stage, range-bound trading with bearish bias looks more likely with the critical support at $9,000. Ethereum attempted to recover above $211.00 on Thursday but quickly retreated to $204.50 ahead of the US opening. The second-largest digital asset needs to regain ground above $210.00 to improve the technical picture and allow for a sustainable move towards this week’s high at $217.00. XRP/USD dived below $0.2000 after consolidation in the middle of $0.2000-$0.2100. The coin is changing hands at $0.1970 amid growing bearish sentiments. The next support comes at $0.1930. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Fed’s Williams: We don’t know what the shape or timescale of the recovery will be FX Street 2 years Over 95% of all Bitcoin addresses have zero balances. BTC/USD resumed the decline after a failed attempt to break above $9,500. Bitcoin is by far the most popular cryptocurrency; however over 95% of Bitcoin addresses have zero balances, according to the recent report published by Glassnode. The researches found out that Bitcoin outperforms other large digital assets in terms of daily active addresses. Also, the number of addresses holding over one coin reached a record high of 815,698 after the halving. However there is a fly in the ointment as the researches pointed out that about 95% of 626 million… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
