Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
The on-chain transaction volume of Bitcoin in January broke through 1.2 trillion US dollars, setting a record high since September 2022

The on-chain transaction volume of Bitcoin in January broke through 1.2 trillion US dollars, setting a record high since September 2022

2024/02/04 23:19
BTC-0.45%

According to data from The Block, in January 2024, $1.21 trillion worth of Bitcoin was transferred on-chain, marking the highest monthly transaction volume since September 2022 (when the price of Bitcoin was approximately $20,000). This figure is also more than three times that of September 2023. The data also shows that apart from December, the monthly transaction volume of Bitcoin did not exceed $1 trillion in any other month in 2023. Following a mere $550 billion transaction volume in September 2023, January 2024 marked the fourth consecutive month of growth in Bitcoin's on-chain transaction volume.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Societe Generale and Standard Chartered predict the Federal Reserve will cut interest rates by 50 basis points
2
pump.fun's market share among Solana-based token launch platforms rises to 90.6%

Crypto prices

More
Bitcoin
Bitcoin
BTC
$114,921.64
-1.02%
Ethereum
Ethereum
ETH
$4,514.07
-3.22%
XRP
XRP
XRP
$2.97
-3.66%
Tether USDt
Tether USDt
USDT
$1
+0.01%
BNB
BNB
BNB
$917.05
-2.25%
Solana
Solana
SOL
$234.74
-5.10%
USDC
USDC
USDC
$0.9997
+0.00%
Dogecoin
Dogecoin
DOGE
$0.2622
-9.35%
TRON
TRON
TRX
$0.3459
-1.25%
Cardano
Cardano
ADA
$0.8582
-6.35%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter