$BTC

Despite the weekend drop, likely due to profit-taking, Alankar Saxena, co-founder and CTO of Mudrex, highlighted that network activity is booming, with Bitcoin recording the highest number of active addresses in six months. According to Saxena, the increase in participation indicates greater commitment from investors and heightened market interest. Saxena stated:

A moderate stance from the U.S. Federal Reserve could trigger a new rally towards the milestone of $100,000, which would result in liquidations of over $3 billion that could further boost the upward momentum.