Bitcoin on-chain transaction volume reached $1.21 trillion in January, the highest since September 2022
According to The Block, in January 2024, a total of $1.21 trillion worth of Bitcoin was transferred on the chain. This is the highest monthly transaction volume since September 2022 (when the price of Bitcoin was about $20,000). The data also shows that except for December, the Bitcoin transaction volume in other months of 2023 did not exceed $1 trillion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Unwavering Bitcoin Holders Stay Put: What this Means for BTC’s Future
Exploring the Impact: The Standoff Between Long-Term Bitcoin Holders and Short-Term Sellers
Bitcoin Gains as Ethereum ETFs Lose $760M: What’s Causing the Investor Alarm?
Exploring the Shift in Investor Sentiment and Strategies Amid Surging Bitcoin Popularity and Ethereum ETFs Divestment
Tether Eyes Big Four Audit as Trump Urges Stablecoin Regulations, Reuters Reports
Acting SEC Chair Rejects Enforcement—Demands Real Crypto Rules
Trending news
MoreCrypto prices
More
