Bitcoin Average Transactions Per Day Hit All Time High
While the price has retreated almost 40% from its 2019 high, bitcoin transactions are still rising and are on track to make this year the highest in its history.
BTC transactions peaked in mid-December 2017. This also correlates with the $20k price peak which occurred around the same time.
This indicator shows that the intrinsic value of Bitcoin is growing and Bitcoin continues to gain acceptance.
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