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Bitcoin Addresses Drop by 211K Amid Market Uncertainty: Could a Rally Be Next?

  • The number of non-empty Bitcoin addresses has dropped by over 211,000 in the past three weeks, causing market observers to speculate on potential price recoveries.
  • The decline in active addresses is often followed by price rebounds in the Bitcoin market.
  • Market uncertainty, including election cycles, has contributed to the decrease in active Bitcoin addresses and increased fear among owners.
  • Bitcoin's performance in the coming days may indicate broader market sentiment, with potential for a rebound in price.

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