Recent data reveals that the number of active addresses on the Bitcoin network has plummeted to its lowest levels in recent years as we move into 2024. A writer from the on-chain data and analysis platform CryptoQuant has shared critical insights regarding the current state of Bitcoin. According to the analyst, this decline in active addresses mirrors the situation seen three years ago when Bitcoin was trading around the $45,000 mark. This article explores the declining trend of active address...