Bitcoin (BTC) is seeing a surge in interest this summer, as consumer awareness is reflected in unique network entities hitting more than two-year highs.
Unique entity growth mirrors 2017 bull run
More unique entities are joining the Bitcoin network as activity increasingly resembles the bull run to all-time highs in 2017.
According to data from on-chain monitoring resource Glassnode, as of August 4, the average weekly new entity count has returned to 140,000, its highest since early 2018.