Bitcoin Network Processes $19 Trillion in Transactions in 2024

Bitcoin Network Processes $19 Trillion in Transactions in 2024

Over $19 trillion worth of transactions were completed on the Bitcoin network in 2024, a significant increase from $8.7 trillion in 2023. According to data provided by Pierre Rochard, vice president of research at Riot Platforms, this was a reversal of the dropping transaction volumes that have been observed before 2021. Rochard emphasized Bitcoin's expanding usefulness by highlighting its dual function as a means of commerce and a store of v...

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