DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin Ethereum Briefings Blockchain Security Mining Altcoin Research NFT
Timeline Hourly market signal stream Sources Publisher health and coverage Topics Curated crypto topic hubs Entities Assets, firms, people, regulators Media Kit Audience and placement options Search Advanced archive filters
Bitcoin Cryptonews

Bitcoin Daily Transactions Surge to Record Highs, But These Alternative Metrics Bode Less Well for BTC Price

The number of transactions taking place on the Bitcoin network hit a record high of 682,099 on Monday, according to data presented by crypto analytics firm Glassnode. A surge in the last few days has seen the number of B...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Daily Transactions Surge to Record Highs, But These Alternative Metrics Bode Less Well for BTC Price
The number of transactions taking place on the Bitcoin network hit a record high of 682,099 on Monday, according to data presented by crypto analytics firm Glassnode.
A surge in the last few days has seen the number of Bitcoin transactions fly past its prior record high of around 425,000 printed back in 2019, back when the Bitcoin price was around $5,500....
Read More: Bitcoin Daily Transactions Surge to Record Highs, But These Alternative Metrics Bode Less Well for BTC Price

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context