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Bitcoin Climbs to $79,629 as Nov. 4 Active Addresses Decline

CoinMarketCap reported trading volume of $35.69 billion, up 23.69%, while CryptoQuant recorded 0 BTC in net exchange flows.

Updated 1 min read
Lower Manhattan anchors an editorial graphic comparing Bitcoin’s price move with its active-address count. / TokenPost.ai
Lower Manhattan anchors an editorial graphic comparing Bitcoin’s price move with its active-address count. / TokenPost.ai

Bitcoin (BTC) rose 1.68% to $79,629 as of 8:33 a.m. ET (13:33 UTC), as higher turnover contrasted with a lower active-address count in the latest on-chain reading.

CoinGecko and exchange spot data supplied the price and 24-hour change. CoinMarketCap recorded trading volume of $35.69 billion, up 23.69%, at 8:27 a.m. ET (13:27 UTC), six minutes before the price snapshot.

Coin Metrics counted 650,916 active addresses on Nov. 4, down from 683,862 in its previous reading. CryptoQuant reported exchange reserves unchanged at 2,592,692 BTC and net exchange flows of 0 BTC.

The indicators describe different aspects of activity and do not show why the address count declined. The price and volume snapshots were recorded on Nov. 5, while Coin Metrics' count is dated Nov. 4.

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