Walter BloombergCrypto

BITCOIN TRANSACTION ACTIVITY HITS 2024 HIGH CryptoQuant says Bitcoin transaction frequency has reached its highest level since 2024, even a…

BITCOIN TRANSACTION ACTIVITY HITS 2024 HIGH CryptoQuant says Bitcoin transaction frequency has reached its highest level since 2024, even as hedge funds continue to reduce exposure. The firm notes a divergence between rising network activity and weaker prices, with micro-transactions under 0.01 BTC now making up 80% of daily flows. Despite elevated activity, average transaction size remains low. Bitcoin is up 2.5% at $65,363.
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