## Bitcoin Active Addresses See Significant Drop Recent data indicates a notable decrease in Bitcoin's daily active addresses. According to Timescrypto, the number of active Bitcoin addresses has fallen from a range of 570,000-800,000 in early July to approximately 380,000. This represents a significant decline in network activity. ## Ethereum Network Activity Remains Stable In contrast to Bitcoin's downturn, Ethereum's daily active addresses are holding relatively steady. The Ethereum network currently boasts around 511,000 active addresses, demonstrating resilience and continued user engagement. ## Potential Reasons for the Bitcoin Decline Several factors could contribute to Bitcoin's declining active addresses. These include reduced trading activity, shifting user preferences towards other cryptocurrencies, and potentially a cooling-off period after a period of heightened market volatility. Further analysis is needed to determine the precise causes of this trend. ```

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