Bittime - While Bitcoin investors have risen, Dogecoin, Cardano and other altcoins have seen a decline, according to on-chain data. Here are the details!
What happens during the Bitcoin Halving? How will the price of BTC develop in the future? With click on this link, you will find the answer.
Number of Bitcoin Holders Increases While Altcoins Stagnant
According to data collected by on-chain analytics company Santiment, the number of Bitcoin investors has increased significantly recently.
The most prominent on-chain metric here is the “Total Number of Holders”, which counts the number of addresses on a given network that have non-zero balances.
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There are various reasons the value of this indicator increases for assets. As more addresses will be created naturally by the influx of new users, adoption will therefore be the first and most obvious contributor.
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Total Number of Holders for Some Top Assets
Some well-known assets in the industry are Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Cardano (ADA), Dogecoin (DOGE), and Chainlink (LINK).
The graph shows a sharp upward trend in the number of Dogecoin holders through 2024. Since memecoin metrics are declining, this increase is only visible during the first few months.
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Declining Price of Bitcoin (BTC)
Bitcoin has struggled to make a significant recovery recently, as its price returned to $63,000 after the latest failed attempt.
How To Buy Bitcoin (BTC) With Bittime
You can buy and sell Bitcoin (BTC) in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Bitcoin (BTC) is available on Bittime with BTC IDR pairing.
To be able to buy BTC tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn How to Buy Bitcoin (BTC) on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Read Too:
Why Did Bitcoin (BTC) Price Rise Today?
Bitcoin (BTC) Today: Price Skyrockets, Bitcoin Mining Stocks Drop?
Bitcoin (BTC): Protector of Wealth or Complex Investment?
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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