Bitcoin
Bitcoin (BTC)
$94,216.00 6.55546
Bitcoin price
Ethereum
Ethereum (ETH)
$1,792.75 10.44241
Ethereum price
BNB
BNB (BNB)
$614.03 1.325
BNB price
Solana
Solana (SOL)
$151.81 8.74558
Solana price
XRP
XRP (XRP)
$2.27 8.3201
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000137 9.20107
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000091 12.23044
Pepe price
Bonk
Bonk (BONK)
$0.0000155 22.21099
Bonk price
dogwifhat
dogwifhat (WIF)
$0.540606 23.50561
dogwifhat price
Popcat
Popcat (POPCAT)
$0.347388 20.91772
Popcat price
Bitcoin
Bitcoin (BTC)
$94,216.00 6.55546
Bitcoin price
Ethereum
Ethereum (ETH)
$1,792.75 10.44241
Ethereum price
BNB
BNB (BNB)
$614.03 1.325
BNB price
Solana
Solana (SOL)
$151.81 8.74558
Solana price
XRP
XRP (XRP)
$2.27 8.3201
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000137 9.20107
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000091 12.23044
Pepe price
Bonk
Bonk (BONK)
$0.0000155 22.21099
Bonk price
dogwifhat
dogwifhat (WIF)
$0.540606 23.50561
dogwifhat price
Popcat
Popcat (POPCAT)
$0.347388 20.91772
Popcat price
Bitcoin
Bitcoin (BTC)
$94,216.00 6.55546
Bitcoin price
Ethereum
Ethereum (ETH)
$1,792.75 10.44241
Ethereum price
BNB
BNB (BNB)
$614.03 1.325
BNB price
Solana
Solana (SOL)
$151.81 8.74558
Solana price
XRP
XRP (XRP)
$2.27 8.3201
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000137 9.20107
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000091 12.23044
Pepe price
Bonk
Bonk (BONK)
$0.0000155 22.21099
Bonk price
dogwifhat
dogwifhat (WIF)
$0.540606 23.50561
dogwifhat price
Popcat
Popcat (POPCAT)
$0.347388 20.91772
Popcat price
Bitcoin
Bitcoin (BTC)
$94,216.00 6.55546
Bitcoin price
Ethereum
Ethereum (ETH)
$1,792.75 10.44241
Ethereum price
BNB
BNB (BNB)
$614.03 1.325
BNB price
Solana
Solana (SOL)
$151.81 8.74558
Solana price
XRP
XRP (XRP)
$2.27 8.3201
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000137 9.20107
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000091 12.23044
Pepe price
Bonk
Bonk (BONK)
$0.0000155 22.21099
Bonk price
dogwifhat
dogwifhat (WIF)
$0.540606 23.50561
dogwifhat price
Popcat
Popcat (POPCAT)
$0.347388 20.91772
Popcat price

Bitcoin down to $27.5k while BTC addresses surge to new ATH

Nicholas Ross Say
Edited by
News
Bitcoin down to $27.5k while BTC addresses surge to new ATH

The largest cryptocurrency by market cap, bitcoin (BTC), is on a downward move for the third consecutive day despite the growing number of its holders.

Bitcoin’s price drop started on May 6, when the asset was trading at around $29,700. As the global crypto market cap started to fall from the $1.2 trillion mark to $1.13 trillion at the time of writing, the flagship digital currency also recorded its three-day consecutive decline.

According to crypto.news data, bitcoin is down by 2% in the past 24 hours and trading at $27,575 at the time of writing. Similarly, the asset’s market cap is also down from $575 billion on May 6, to roughly $533 billion at the time of writing.

Bitcoin down to $27.5k while BTC addresses surge to new ATH - 1
BTC price – May 9 | Source: TradingView.

Moreover, the fall of the BTC price comes as the number of non-zero bitcoin addresses just attained a new all-time high (ATH) of 46,476,720, according to data provided by Glassnode. 

https://twitter.com/glassnodealerts/status/1655803614001020929?t=qtn0prUiiBUenC6AshIdCQ&s=19

On May 8, a report revealed that a sudden chain fork on the Bitcoin network resulted in the double spending of roughly 10 BTC. The unexpected split happened a few hours before the largest crypto exchange, Binance, re-opened bitcoin withdrawals after the network faced congestion for around one hour.