---
title: "Bitcoin's price shows 'no clear direction' amid active address decline"
url: https://diffcoin.com/bitcoins-price-shows-no-clear-direction-amid-active-address-decline/
description: "Bitcoin active addresses are declining due to a large amount of the market being “gobbled up” by institutional cash, says one analyst. Source link"
published: 2024-09-04
updated: 2024-09-04
author: "Mila"
site: "Diffcoin"
---

# Bitcoin's price shows 'no clear direction' amid active address decline

Bitcoin active addresses are declining due to a large amount of the market being “gobbled up” by institutional cash, says one analyst.

[Source link](https://cointelegraph.com/news/bitcoin-price-no-clear-direction-active-address-metric-decline-cryptoquant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)