Bitcoin new wallets at lowest since 2018

Bitcoin new wallets at lowest since 2018

After reaching an all-time high six months ago, the number of Bitcoin 7-day moving average new addresses has fallen to its lowest level since 2018, The Block reported. Six months ago, the figure was 625,000, while last week it was 275,000. Other figures such as miner revenue, transaction fees, and on-chain transaction volume have also fallen significantly.