Number of daily bitcoin transactions reaches 1-year high
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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.
AUTHOR
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.
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