💸See how simple it is to make money trading BTC💰 Bitcoin Technical Analysis.
Average Bitcoin transaction volume returned to 2017 levels
On September 17, the average Bitcoin transaction size exceeded $ 129,000
The number of active addresses is near record highs
Activity indicators show that BTC is not going to give up positions
Average Bitcoin transaction size continues to grow, recently topping $ 129,000 for the first time in over a year.
As the rate of the first cryptocurrency grew, the average BTC transaction size reached more than a one-year high, while the number of active addresses is near record highs.
The average volume of coins involved in one transaction exceeded $ 129,000 on September 17 and is at the highest levels in more than a year.
The last time the average transaction size exceeded $ 121,000 was in August 2019, when one of the largest transactions sent a total average volume above $ 812,000.
Then the highest average transaction cost was recorded since the end of 2017, when the bitcoin rate was noted at record highs directly below the psychological mark of $ 20,000..
The recent growth in the indicator indicates a steady increase in activity on the Bitcoin blockchain, and along with this other networks are showing record growth.
The number of active addresses is at its maximum since the end of 2017.
Since the last week of August, an average of about 850,000 transactions per day are made on active addresses.
At the end of 2017, when the BTC rate reached an all-time high, the average size of active Bitcoin addresses was close to 1 million..
Ethereum blockchain-based DeFi projects, a decentralized version of financial services, have garnered huge attention from the cryptocurrency ecosystem this year, but Bitcoin itself is not far behind.
On some stock exchanges Bitcoin trade volume-breaks records in futures, and the number of bitcoin ATMs installed around the world has reached 10 thousand.
So, despite the fact that the focus is now on the DeFi industryDecentralized finance (DeFi) is a financial services built on the basis of blockchain technology that offer users access to an open, efficient and … More, indicators of activity on the Bitcoin network demonstrate, that the first digital currency does not intend to surrender its positions.
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