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Bitcoin Exceeds 1 Mln Daily Active Addresses, Other Signs Reveal BTC Might Hit $100K This Year

Bitcoin Exceeds 1 Mln Daily Active Addresses, Other Signs Reveal BTC Might Hit $100K This Year

Last time Bitcoin exceeded 1 Mln daily active addresses, BTC was priced $9,350.
Bitcoin weekly on-chain transaction volume tripled in May.
Bitcoin to surpass $100K this year.
Binance catalyst news will kick off the next major bull cycle.


A number of haters are still yet to succumb their disgust for Bitcoin, believing the crypto asset is a scam or rat poison in spite of the huge gain investors are now getting and eyeing. Some even proclaimed that nobody except the fools are using Bitcoin, yet Bitcoin surpassed 1 million active addresses yesterday.
Over 1 million active addresses! An outstanding milestone the crypto asset only managed to achieve for the second time. The first time Bitcoin surpassed the interesting landmark was in November 2017, and data from CoinMetrics.io revealed over a million daily active addresses (DAA) are now using Bitcoin.

Even though DAA doesn’t mean much practically, analysts have proclaimed that the 1+ million DAA performing transaction on Bitcoin blockchain is sure a good news for the cryptocurrency, and such signifies adoption boost.
For reference purpose, Kevin Rooke, a cryptocurrency analyst, reminded of happenings around Bitcoin (BTC) when it first surpassed 1 million DAA in Nov 27, 2017.
Rooke said 1 BTC was then priced around $9300 with an average transaction fee of $3.23.

"nOboDY uSeS BiTcOin"

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