Nov 18, 2023 – Bitcoin Addresses and Wallets Analysis
According to the latest Bitcoin address indicators data, there are significant trends worth noting. The total number of addresses remains consistent over the past three days, with approximately 1,210,733,565 addresses recorded. This stability denotes a strong interest and solid adoption of cryptocurrency.
On the other hand, Bitcoin active addresses have shown some fluctuations in the last 24 hours. Despite a slight increase in the total number of active addresses from 906,654 to 960,250, the percentage change stands at 0.93%. Although this change may seem relatively small, it indicates growing engagement and usage of Bitcoin.
In terms of address distribution, we observe that the majority of addresses fall within the range of less than 1 Bitcoin. This indicates a large number of smaller holders or users who possess smaller quantities of the cryptocurrency.
Considering these indicators, we can infer that Bitcoin continues to attract users as a global financial tool. The stability in the total number of addresses, combined with the increase in active addresses, reflects a healthy market condition and growing interest in Bitcoin adoption.
It is essential to note that the analysis is based solely on the provided Bitcoin address indicators measurements. While these indicators provide valuable insights, further analysis and consideration of additional data points are advised to draw a comprehensive understanding of the cryptocurrency market.
Bitcoin Indicators
| Date | Addresses | Variation | Indicator |
|---|---|---|---|
| 2023-11-18 14:00:00 | 1,210,733,565 | 0.00% | Total Addresses |
| 2023-11-18 14:00:00 | 960,250 | 0.93% | Bitcoin Active Addresses |
| 2023-11-18 14:00:00 | 540,508 | 0.00% | Addresses with over 0 |
| 2023-11-18 14:00:00 | 219,626 | 0.00% | Addresses with over 0.0000001 |
| 2023-11-18 14:00:00 | 2,724,355 | 0.00% | Addresses with over 0.000001 |
| 2023-11-18 14:00:00 | 9,310,471 | 0.00% | Addresses with over 0.00001 |
| 2023-11-18 14:00:00 | 12,164,369 | 0.00% | Addresses with over 0.0001 |
| 2023-11-18 14:00:00 | 11,375,887 | 0.00% | Addresses with over 0.001 |
| 2023-11-18 14:00:00 | 7,782,026 | 0.00% | Addresses with over 0.01 |
| 2023-11-18 14:00:00 | 3,475,837 | 0.00% | Addresses with over 0.1 |
| 2023-11-18 14:00:00 | 860,972 | 0.00% | Addresses with over 1 |
| 2023-11-18 14:00:00 | 139,966 | 0.00% | Addresses with over 10 |
| 2023-11-18 14:00:00 | 13,960 | 0.00% | Addresses with over 100 |
| 2023-11-18 14:00:00 | 1,914 | 0.00% | Addresses with over 1,000 |
| 2023-11-18 14:00:00 | 106 | 0.00% | Addresses with over 10,000 |
| 2023-11-18 14:00:00 | 4 | 0.00% | Addresses with over 100,000 |
Conclusion
Based on the data provided in the Bitcoin address indicators table, it is evident that Bitcoin maintains a strong presence within the digital asset landscape. The stability of the total number of addresses and the increase in active addresses signify a robust and potentially expanding user base. These indicators offer confidence in Bitcoin’s continued relevance and usage as a global financial instrument.
With the continuous interest in Bitcoin, it is essential to monitor new developments and gather additional data to enhance our understanding of market dynamics. Staying informed with reliable sources is crucial for making well-informed investment decisions. While the provided data is indicative of positive market sentiment, it is important to conduct comprehensive research and seek professional advice before engaging in any investment activities related to Bitcoin or any other cryptocurrency.
Disclaimer – Informational Content, Not Investment Advice
Content provided herein is solely for informational purposes and should not be construed as a recommendation, endorsement, or suggestion to engage in any form of investment activity. The information presented in this post is not intended to serve as financial, legal, tax, or investment advice.
About the Author: CryptoTrends Team
With over five years of diving deep into cryptocurrencies and blockchain, we’ve cemented our position as experts in the digital currency realm. Our team has not only contributed to a multitude of pioneering blockchain projects but has also enlightened thousands with our incisive articles CryptoTrends. Always at the cutting edge of crypto trends, we proudly collaborate with CryptoBotStation, ensuring our readers stay one step ahead in this dynamic space.
