Bitcoin: Transactions triumph as price holds steady


19 Sep 2023 12:30 PM

Bitcoin breaks transaction records, with 1.2 million daily active addresses. As BTC hovers around $26,800, the king coin's slight bullish trend continues....

  • Bitcoin transactions spiked to over 703,000, the highest recorded within 2023 and the highest in nearly two years.
  • Despite the surge in transactions, the volume remained relatively stable at around $12.7 billion, but has since surpassed $15 billion.
  • The surge in transactions also led to a spike in daily active addresses, surpassing 1.2 million, the highest in eight months.
  • Bitcoin has maintained its position around the $26,000 price level, with a modest increase of less than 1% in price.

The article provides positive news about Bitcoin's transaction activity, volume, and active addresses. The price has also maintained its position, indicating a slight bullish trend.

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You May Ask

How many Bitcoin transactions were recorded during the surge?Did the volume of Bitcoin transactions match the surge in transactions?How many daily active addresses were recorded during the surge?What is the current price of Bitcoin and has it experienced any significant changes recently?Is Bitcoin currently in a bullish or bearish trend according to the MACD indicator?

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