Express

Bitcoin's On-Chain Transfer Volume Hits New Highs As Currency Surpasses $12,000 Price Level

Emily Mason

Summary: As Bitcoin has pushed past its resistance level at $12,000 the currency's on-chain transfer volume has exceeded four million, Glassnode data shows.  Four million represents 22% of the Bitcoin total supply being transferred over the past 24 hours. In addition to the increased transfer volume, the number of addresses with non-zero balances and those holding at ...

As Bitcoin has pushed past its resistance level at $12,000 the currency's on-chain transfer volume has exceeded four million, Glassnode data shows. 

Four million represents 22% of the Bitcoin total supply being transferred over the past 24 hours. In addition to the increased transfer volume, the number of addresses with non-zero balances and those holding at least 0.01 BTC has also reached new heights. 

At the time of writing Bitcoin is trading hands at $12,742 and is up 6.49%.

By Emily Mason

Last Update:

Tags: ,
Link: Bitcoin's On-Chain Transfer Volume Hits New Highs As Currency Surpasses $12,000 Price Level   [Copy]
Next:

Related Articles

  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 4 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 8 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 22 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 29 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025

    • You need to login to comment.