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cryptonews
2023-05-02 21:13:00

Bitcoin Daily Transactions Surge to Record Highs, But These Alternative Metrics Bode Less Well for BTC Price

Bitcoin Daily Transactions Surge to Record Highs, But These Alternative Metrics Bode Less Well for BTC Price

The number of transactions taking place on the Bitcoin network hit a record high of 682,099 on Monday, according to data presented by crypto analytics firm Glassnode. A surge in the last few days has seen the number of Bitcoin transactions fly past its prior record high of around 425,000 printed back in 2019, back when the Bitcoin price was around $5,500.... Read More: Bitcoin Daily Transactions Surge to Record Highs, But These Alternative Metrics Bode Less Well for BTC Price

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