Bitcoin Network Explodes: 344,000 New Wallets Flood In During 48-Hour Frenzy

Bullish momentum surges as Bitcoin’s network growth hits hyperdrive—mainstream adoption or speculative FOMO? Wall Street analysts scramble to update their ’this time it’s different’ PowerPoint decks.

• Wallet creation rate shatters previous records

• On-chain activity suggests retail investor stampede

• Exchange inflows remain curiously flat—are whales playing a different game?

The crypto ecosystem laughs as traditional finance tries to price this action using 20th-century models. Tick-tock, bankers.

In Brief

• Bitcoin is experiencing a spectacular surge, crossing the symbolic $100,000 mark.
• Within 48 hours, 344,620 new Bitcoin wallets were created, marking a massive return of the FOMO phenomenon.
• Behind the euphoria, experts warn of the risks of a sharp market reversal.
• Bitcoin’s high volatility, fueled by this speculative wave, could signal a period of instability.

Bitcoin Rush : An Uncontrollable FOMO

Bitcoin has passed a symbolic milestone by exceeding $100,000, a psychological level that catalyzed the arrival of new investors who had previously been hesitant. According to Santiment, a market analysis platform, 344,620 new Bitcoin wallets were created in the 48 hours following this price surge.

This impressive number of new investors reflects an increase in crypto adoption, a phenomenon directly driven by the fear of missing out on a new bullish wave. The situation has led to a renewed confidence in the market, wiping away the fears of investors who had anticipated a correction after a complicated start to the year.

Here are the key points of this situation :

• 344,620 new Bitcoin wallets created in 48 hours, according to Santiment ;
• The bitcoin price crossed $100,000, an important psychological threshold ;
• A 3.54 % increase in its price over 24 hours, reaching $103,361 ;
• Trading volume increased by 34.15 %, with a total of $72.99 billion exchanged;
• A return of confidence in the market contradicting bearish forecasts.

This performance has been praised by many analysts who see it as a break from the prevailing bearish prospects. The price surge has thus led to a significant increase in trading volume, clearly showing that interest in bitcoin is far from marginal and that new investors, hoping to capitalize on the rise, are rushing to buy.

Risks of a Reversal : A Double-Edged Speculation

Although the market seems to bring new hope for bitcoin holders, this situation is not without danger. Indeed, such a speculative movement can quickly reverse. If the market experiences a correction or if investors decide to sell to limit their losses, the huge influx of new wallets could turn into selling pressure.

Changpeng Zhao, former CEO of Binance, points out that it is essential not to panic and to remain calm amid these fluctuations. He stated: “It is important not to give in to the temptation to sell in haste.” He calls on investors to adopt a more thoughtful approach.

The volatility of bitcoin, exacerbated by this type of rapid rise, raises questions about the long-term strength of this increase. If corrections are expected, the impact on the market could be significant, especially for those who rushed to buy during this “FOMO” phase.

This phenomenon is not new in crypto history, but it reminds us that behind the euphoria, risks of speculative bubbles remain. Some analysts are concerned that this “FOMO” dynamic could become a true market break, pushing for even more pronounced volatility.

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