Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: waybesuricata on December 31, 2020, 12:23:26 PM
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Bitcoin sees a fresh surge in trading activity as $30,000 nears and mainstream interest pours in.
Bitcoin (BTC) has posted its highest transaction volume since early 2018 as data points to more and more investors entering the market.
Figures from on-chain analytics resource Digital Assets Data highlights December 2020 as already sparking Bitcoin’s second-largest transaction volumes.
BTC transaction volume eyes record
At a total of $252.37 billion for the remaining 24 hours of December may yet take the tally further still as it rivals December 2017.
Other indicators, such as the size of unprocessed transactions in Bitcoin’s mempool and network transaction fees, also suggest heightened activity overall.
As Cointelegraph additionally reported, wallets containing both large and small balances also continue to increase to unprecedented levels.
Google Trends, meanwhile, has captured the highest levels of search interest in the term “Bitcoin” worldwide since February 2018.
Source and continuation of the article: https://cointelegraph.com/news/rat-poison-squared-bitcoin-passes-warren-buffett-s-berkshire-hathaway-by-market-cap
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Saw that news recently. It just a little achievement and Bitcoin has more potential to suppress every other stock. Bitcoin is just started to making history by cross every market and expectation. 2021 is going to be a year to achievements of the crypto industry.
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It is a positive moment that large investors are coming to Bitcoin, but there is a risk that Bitcoin is being pumped artificially and prices in the market may fall soon. I try to trade carefully and wait for the right moment to invest.