Cryptocurrency
Bitcoin’s monthly on-chain transaction volume saw a record high in March
Bitcoin’s monthly on-chain transaction volume saw a record high in March: (The Block) The monthly adjusted on-chain volume for Bitcoin was the highest it’s ever been in March, according to data compiled by The Block Research. March’s adjusted on-chain volume was $366.27 billion — up 14.7% from February’s previous all-time high of $319.3 billion. March […]
Bitcoin’s monthly on-chain transaction volume saw a record high in March:
(The Block)
The monthly adjusted on-chain volume for Bitcoin was the highest it’s ever been in March, according to data compiled by The Block Research.
March’s adjusted on-chain volume was $366.27 billion — up 14.7% from February’s previous all-time high of $319.3 billion. March also marks the third consecutive month in which adjusted on-chain volume for Bitcoin reached record highs.
Indeed, data collected by The Block points to a busy March overall.
That same month, bitcoin miners brought in more than $1.5 billion in revenue — a development fueled by bitcoin hitting record-high prices across the world’s global exchange ecosystem.