The transaction volume for Bitcoin (BTC) has reached its highest level in the last 18 months.
Bitcoin’s on-chain transaction volume reached a record level in January since September 2022. Over the past 4 months The transaction volume on the Bitcoin network, which continues to rise in parallel with the price, increased in January $1.21 trillion saw.
In September, when the last upward wave in the cryptocurrency market began, Bitcoin’s on-chain volume was only $550 million was worth and in this process 4x increase It happened.
On-chain volume last December 1 trillion dollars was at the level. Particularly spot Bitcoin exchange traded fund (ETF) news was among the main reasons for the increasing interest in Bitcoin.
On the other hand, the amount of transactions on the Bitcoin network is in December 2023 The highest level in the last year 17.54 million he had seen. However, this rate decreased in January. to 14.74 million declined.
According to CoinGecko data, in the last 24 hours %one Bitcoin, which is on the rise, at the time of writing From $42,929 is being traded.