Creation of new addresses on the Bitcoin network hits lowest level since 2019 🚨

Typically, observing the creation of new addresses on the Bitcoin network is a way to understand the influx of new investors. When there is growth in the number of new addresses, it suggests an increase in network usage and interest. At this time, we are seeing a significant drop in the number of new addresses. In the last month, 339 thousand addresses were created daily, suggesting that the market has reduced the level of euphoria and interest seen in 2023.