The price of gold in the cryptocurrency market has consolidated above $20,000. Service CoinGecko records that over the past day the asset has grown by 6%.
Bitcoin is currently trading at around $20,218.
Ethereum has also risen in price by 9.9% over the past day. The second largest cryptocurrency by capitalization is trading at $1159.
We are witnessing a market recovery against the backdrop of a rise to a new high in the number of bitcoin addresses with a non-zero balance.
📈 #Bitcoin $BTC Number of Non-Zero Addresses just reached an ATH of 42,349,855
Previous ATH of 42,349,354 was observed on 04 July 2022
view metric:https://t.co/VtoChZbLsa pic.twitter.com/HZasRYlB2l
— glassnode alerts (@glassnodealerts) July 5, 2022
The flow of digital gold to centralized exchanges fell to the levels of a month ago.
📉 #Bitcoin $BTC Exchange Inflow Volume (7d MA) just reached a 1-month low of $29,925,261.70
Previous 1-month low of $30,007,683.07 was observed on 28 June 2022
view metric:https://t.co/dzmYWUYjoL pic.twitter.com/wsv1SqzMu9
— glassnode alerts (@glassnodealerts) July 5, 2022
According to analytics, the total market capitalization is $955 billion (+5.7% per day). Bitcoin Dominance Index – 40.6%.
