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Bitcoin Surges Past $103.8K as New Wallet Creation Hits Record High

By: coindoo|2025/05/10 05:00:17
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According to data shared by CryptoQuant and compiled by Santiment, the price rally was accompanied by a massive spike in network activity—specifically, 344,620 new BTC wallets were created in a single day.This figure marks one of the highest wallet creation spikes of the year and highlights the intensifying FOMO (Fear of Missing Out) gripping retail and institutional investors alike.Analysts suggest this surge in new wallets is a key indicator of heightened retail engagement and speculative optimism. .dark-mode .read-more {background-color: #343a40 !important;} READ MORE: Bitcoin Could Be Leading Global Monetary Trends, Says Analyst With BTC reclaiming crucial levels and onboarding hundreds of thousands of new users in a day, market sentiment appears to be flipping bullish once again.The post Bitcoin Surges Past $103.8K as New Wallet Creation Hits Record High appeared first on Coindoo.

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