Bitcoin Price Soars Past $103,800 As New Wallet Creation Reaches All-Time High

A significant surge in Bitcoin’s price has been accompanied by a record number of new wallet creations, according to data from CryptoQuant and Santiment. This rapid increase in activity, with over 344,620 newly minted BTC wallets created within a single day, indicates heightened excitement among both retail and institutional investors. Analysts point out this surge as a strong signal of increased retail engagement and speculative optimism.