Bitcoin's on-chain transaction volume has surged to a 30-day high of $45.6 billion, according to data from crypto analyst Ali Martinez. This increase in transaction volume indicates potential market momentum, despite Bitcoin's price remaining relatively stable. Over the past month, Bitcoin's price has decreased by 12.1%, prompting analysts to monitor for any signs of a trend reversal.
Bitcoin Transaction Volume Reaches 30-Day High of $45.6 Billion
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