Bitcoin Network Settles $19 Trillion in 2024, Doubling Last Year’s Volume

The Bitcoin network finalized over $19 trillion in transactions in 2024, more than doubling the $8.7 trillion settled in 2023. The surge marks a significant reversal following two years of declining transaction volumes since 2021, according to Pierre Rochard, vice president of research at Riot Platforms. During the 2021 bull market, Bitcoin’s transaction volume peaked at $47 trillion but plummeted sharply in the subsequent years. “The Bitcoin network finalized more than $19 trillion worth of…   

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