Number of new Bitcoin wallets drops to lowest level since 2018

[peter0425]

I honestly don't think that a recent low number of new addresses is of concern really.

Maybe people are concerned that if there’s not much new addresses then it must mean that there’s also not much people transacting with one another. It’s definitely not a major issue so I don’t think we should be alarmed or anything like that. It’s might be an implication of how most investors are just holding now. Take that assumption as you will.