Bitcoin price over $20K creates FOMO with 620K new BTC wallets By Cointelegraph

© Reuters.

The (BTC) price surge above $20,000 in the second week of January led to a market FOMO (fear of missing out), especially among small BTC holders.

There was a significant surge in BTC addresses holding 0.1 BTC or less after Jan. 13. According to data shared by crypto analytics firm Santiment, 620,000 new BTC addresses have popped up since the Jan. 13 BTC price surge, totaling 39.8 million.

Bitcoin addresses holding 0.1 BTC or less. Source: Santiment
Bitcoin 1-year price chart . Source: Coinmarketcap