Bitcoin: What you need to know about BTC’s race to $50K Bit | Crypto Portal

Bitcoin: What you need to know about BTC’s race to $50K

Bitcoin addresses resume accumulation
The recent surge in Bitcoin prices has rekindled the accumulation activity among certain wallets.

New entrants?
As existing Bitcoin wallets resumed their accumulation, there was a notable decline in the creation of new addresses by the end of 5th December.

Race to 50k?
Bitcoin commenced the day with a slight price dip but quickly gained momentum, concluding trading on 5th December at a yearly peak.