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Bitcoin daily transaction volume set new record

Investor Kevin Rook pointed out that the total value of transactions per day on the Bitcoin network has reached a record high of $31 billion.

Since the beginning of the year, the indicator has grown 40 times. The expert emphasized that these are not exchange volume, but on-chain Bitcoin settlement volume.

Analyst Willy Woo also noted that the Bitcoin's blockchain processes about $190,000 per second, compared to $130,000 for Visa for US customers and $55,000 for Mastercard.

Journalist Colin Wu drew attention to the fact that the share of transactions worth more than $10 million reached 70% in the past month according to the data from Glassnode. This is also a record figure.

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