Number of daily bitcoin transactions reaches 1-year high

The seven-day average for the number of daily bitcoin transactions has reached a one-year high, recently surpassing 280,000 for the first time since January 2018. Ever since hitting a two-year low in April 2018, the number of transactions has been trending upwards. The all-time high has been recorded on top of the speculative mania in late December 2017 when confirmed transactions briefly surpassed 400,000.

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Larry joined crypto research full time in early 2017 and has expertise in capital markets, market structure and early stage DeFi companies/protocols and token economics. He has a background in economics and finance.