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What is the daily transaction volume of Bitcoin?

avatarArthaseNov 24, 2021 · 3 years ago3 answers

Can you tell me the average daily transaction volume of Bitcoin? I'm curious to know how much Bitcoin is being traded on a daily basis.

What is the daily transaction volume of Bitcoin?
Bitcoin
Cryptocurrency
Transaction Volume

3 answers

  • avatarNov 24, 2021 · 3 years ago
    The daily transaction volume of Bitcoin varies depending on market conditions and demand. On average, it can range from a few billion dollars to tens of billions of dollars. This high volume is a testament to the popularity and widespread use of Bitcoin as a digital currency.
  • avatarNov 24, 2021 · 3 years ago
    The daily transaction volume of Bitcoin is constantly changing due to market fluctuations. However, it is estimated that the average daily transaction volume is around $10 billion. This figure includes all transactions made with Bitcoin, including buying and selling, as well as transfers between wallets.
  • avatarNov 24, 2021 · 3 years ago
    According to data from BYDFi, a leading cryptocurrency exchange, the daily transaction volume of Bitcoin is approximately $12 billion. This figure represents the total value of all Bitcoin transactions that take place within a 24-hour period. It's important to note that this number can vary from day to day based on market activity and investor sentiment.

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