Despite weekend corrections, BTC attempted a comeback with modest gains on the daily timeframe chart.embarked on an exhilarating price run, reigniting hopes that the king coin would surge into the illustrious $30,000 range. Alas, the weekend brought with it some necessary corrections that subdued the bullish mood.Yet, despite the apparent downturn, certain metrics pointed to this as nothing more than a fleeting obstacle in the grand scheme.
Despite the temporary setback, data fromThe chart showed a substantial increase in new addresses joining the network, indicating growing interest and participation. As of 2 April, per Glassnode, 471,000 new addresses had joined the network.network will likely positively affect BTC’s price movement. As more investors open new addresses, the coin’s demand will increase, which could drive up prices.
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