December 23, 2024
#Bitcoin

A new record for Bitcoin (BTC): This statistic is the talk of the town!

The Bitcoin network surprised crypto investors by breaking a new record amid growing interest in Runes.

Bitcoin transactions hit an all-time high of 926,842 transactions just three days after halving. Glassnode According to the data Bitcoin (BTC), which traded more than 926,000 daily on April 23, surpassing the previous high of 731,000 reached in December 2023.

Authoritative names commented on the record in Bitcoin!

The record number of daily transactions came three days after the Bitcoin halving on April 20, which coincided with the launch of Bitcoin Runes, a new protocol for issuing fungible tokens on the Bitcoin network. Runes account for the lion’s share of transactions in Bitcoin, accounting for 68 percent.

TeraWulfco-founder and CEO of Nazar Khan“While Runes may not remain the dominant token standard of the Bitcoin network, it is a testament to the value of block space in Bitcoin.

In an interview, Khan said:

“Runes and Ordinals indicate the value of the block space… The Bitcoin network is the most decentralized, secure and robust network in existence, so there will be use cases and values derived from this block space.”

Despite a record number of trades, the Bitcoin price remains under pressure just above $64,000. According to CoinMarketCap, the world’s first cryptocurrency is down more than 9% on the monthly chart.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk and readers should do their own research when making decisions.

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