Bitcoin climbed back above $10,000 Thursday for the first time in two weeks and some analysts see the psychologically key level as a trigger for new buyers to come into the market.
In the week around Thanksgiving, Coinbase added about 300,000 users, helping send bitcoin from around $8,000 to $10,000.
For UK-based online trading platform eToro, user growth slowed down through the end of January — which was when bitcoin began dropping significantly. But the rate of withdrawals has not increased, indicating that users were not selling out and that demand from new customers may have helped previous price gains.
