Bitcoin
Bitcoin (BTC)
$113,005.00 -6.98869
Bitcoin price
Ethereum
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$3,905.55 -10.36152
Ethereum price
BNB
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$1,111.48 -11.39339
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Solana
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$193.47 -12.11024
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XRP
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$2.39 -14.71916
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$0.0000092 -22.89068
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$0.0000067 -27.72589
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$0.0000124 -34.57545
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dogwifhat
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$0.476924 -32.36923
dogwifhat price
Popcat
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$0.137497 -38.30872
Popcat price
Bitcoin
Bitcoin (BTC)
$113,005.00 -6.98869
Bitcoin price
Ethereum
Ethereum (ETH)
$3,905.55 -10.36152
Ethereum price
BNB
BNB (BNB)
$1,111.48 -11.39339
BNB price
Solana
Solana (SOL)
$193.47 -12.11024
Solana price
XRP
XRP (XRP)
$2.39 -14.71916
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000092 -22.89068
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000067 -27.72589
Pepe price
Bonk
Bonk (BONK)
$0.0000124 -34.57545
Bonk price
dogwifhat
dogwifhat (WIF)
$0.476924 -32.36923
dogwifhat price
Popcat
Popcat (POPCAT)
$0.137497 -38.30872
Popcat price
Bitcoin
Bitcoin (BTC)
$113,005.00 -6.98869
Bitcoin price
Ethereum
Ethereum (ETH)
$3,905.55 -10.36152
Ethereum price
BNB
BNB (BNB)
$1,111.48 -11.39339
BNB price
Solana
Solana (SOL)
$193.47 -12.11024
Solana price
XRP
XRP (XRP)
$2.39 -14.71916
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000092 -22.89068
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000067 -27.72589
Pepe price
Bonk
Bonk (BONK)
$0.0000124 -34.57545
Bonk price
dogwifhat
dogwifhat (WIF)
$0.476924 -32.36923
dogwifhat price
Popcat
Popcat (POPCAT)
$0.137497 -38.30872
Popcat price
Bitcoin
Bitcoin (BTC)
$113,005.00 -6.98869
Bitcoin price
Ethereum
Ethereum (ETH)
$3,905.55 -10.36152
Ethereum price
BNB
BNB (BNB)
$1,111.48 -11.39339
BNB price
Solana
Solana (SOL)
$193.47 -12.11024
Solana price
XRP
XRP (XRP)
$2.39 -14.71916
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000092 -22.89068
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000067 -27.72589
Pepe price
Bonk
Bonk (BONK)
$0.0000124 -34.57545
Bonk price
dogwifhat
dogwifhat (WIF)
$0.476924 -32.36923
dogwifhat price
Popcat
Popcat (POPCAT)
$0.137497 -38.30872
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.