Bitcoin’s price displays strength as it trades in a third straight bullish session after posting more than 5.77% gains over the last three days.
At the time of writing, BTC is trading at around $63,660, up 4.73% over the last 24 hours, slightly outperforming the market. The second largest cryptocurrency by market capitalization, Ether (ETH), is also recovering. It has rallied 3.76% over the last 24 hours to trade at $3,486.
The global crypto market capitalization has also rallied 4% to rest at $2.33 trillion.
The bullishness in Bitcoin is asserted by an 80% increase in the daily trading volume which currently stands at $21.5 billion, according to data from CoinMarketCap. This suggests that the demand-side activity is very high.
Bitcoin’s performance today follows the achievement of a key milestone in one of the on-chain metrics. Data from market intelligence firm Glassnode reveals a consistent increase in the number of wallet addresses holding at least one Bitcoin.
The chart below confirms this increment, revealing that the number of Bitcoin wallet addresses holding at least one BTC had crossed 1 million, as of June 30.
