With Bitcoin experiencing volatility swings in the first half of 2021, the asset’s number of new addresses remained significant between January and June this year.
According to data offered by the Blockchain Centre, throughout the first half of 2021, a complete of 488,206 new Bitcoin addresses on common had been created every day. Cumulatively, throughout the first six months of the year, a total of 88,365,209 new addresses had been generated.
January recorded the very best variety of new addresses at 551,332, while June registered the least number at 370,269. Notably, the change in Bitcoin’s new addresses displays the asset’s value motion throughout the interval under assessment.
In January, Bitcoin’s rally was building up from last year’s value motion earlier than the value started plunging in the direction of the end of May. The price drop emerged amid increased regulatory crackdown and concerns about the asset’s environmental impact.