Bitcoin's active addresses have surged to a three-week high, indicating a growing utility and adoption of the cryptocurrency. This surge in activity has also resulted in a substantial increase in Bitcoin's price, with a 3% increase in the last 24 hours and a 4.7% increase over the course of seven days. Bitcoin whales, those holding 10,000 or more BTC, have resumed aggressive accumulation, suggesting renewed confidence in Bitcoin's long-term potential. The recent breakthrough of Bitcoin above the $28,000 mark coincided with news of a debt ceiling deal, introducing uncertainty and driving market participants to seek alternative investments such as Bitcoin.