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Bitcoin daily transaction volume hits $29 billion ATH, what does this mean? Bitcoin daily transaction volume hits $29 billion ATH, what does this mean?

Bitcoin daily transaction volume hits $29 billion ATH, what does this mean?

A distinction needs to be drawn between volume and transaction volume.

Bitcoin daily transaction volume hits $29 billion ATH, what does this mean?

Cover art/illustration via CryptoSlate

Researcher Kevin Rooke noted that daily transaction volume on the Bitcoin network hit an all-time high of $29 billion on Sunday.

Rooke also pointed out that there have only been 5 days in Bitcoin’s history when the network settled above $20 billion.

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