Key Notes

Bitcoin saw a record 556,830 new wallets created on May 29, the most in nearly 18 months.

Over 241,000 BTC circulated on June 2, marking a sharp rise in on-chain activity.

Analysts warn that Bitcoin’s current support range of $102K–$104K must hold to avoid deeper losses.

Bitcoin BTC $104 744 24h volatility: 0.7% Market cap: $2.08 T Vol. 24h: $24.82 B is currently trading near $104,983, with no loss or gain in the last 24 hours. Despite this ongoing price consolidation below the $105,000 mark , the cryptocurrency is witnessing a renewed surge in on-chain activity.

After reaching an all-time high of $112,000 on May 22, BTC has faced downward pressure, breaking an ascending support trendline that had been intact since early April. Still, sentim

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