Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»January saw the highest monthly trading volume for Bitcoin since September 2022.
ADOPTION NEWS

January saw the highest monthly trading volume for Bitcoin since September 2022.

By Crypto FlexsFebruary 4, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
January saw the highest monthly trading volume for Bitcoin since September 2022.
Share
Facebook Twitter LinkedIn Pinterest Email
Layer 1 • February 4, 2024 5:27 PM EST

Posted 1 minute ago In ~

After four months of increased trading volume, there was an increase in volume worth $1.21 trillion. Bitcoin BTC

-1.02%
According to data from The Block, this is the amount moved on-chain in January 2024. This is the largest amount of value moved on-chain since September 2022, when the price of Bitcoin was around $20,000.

The fact that Bitcoin has failed to surpass $1 trillion in trading volume in any month of 2023 except for December, as well as Bitcoin’s record low active supply, suggests that traders are eagerly awaiting the approval of a spot Bitcoin ETF. As these ETFs are finally approved, trading volume appears to increase accordingly. In fact, January marked the fourth consecutive month of increased volume since September 2023 saw only $550 billion in volume move.

According to Glassnode analysts, long-term Bitcoin holders currently appear unwilling to part with their coins and instead “appear to be calmly riding the market waves.” In fact, monthly transactions on the Bitcoin network actually declined between December 2023 and January 2024, according to data from The Block.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

The best Solana depin project to form the future -Part 2

September 8, 2025

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025
Add A Comment

Comments are closed.

Recent Posts

How XRP Enthusiasts Can Earn $15k/Day

September 16, 2025

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Cardano (ADA) Signal Recovery -Is there a strong rise?

September 15, 2025

BitMine Immersion (BMNR) Announces Crypto And Cash Holdings Of $10.8 Billion, ETH Holdings Exceeding 2.151 Million

September 15, 2025

How SWLMiner Could Help You Get The IPhone 17 Air

September 15, 2025

Metabuses are increasing again -Records in August +13k NFT users

September 15, 2025

Rabby Wallet integrates XRPL EVM chain with peersyst

September 15, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

How XRP Enthusiasts Can Earn $15k/Day

September 16, 2025

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025
Most Popular

Blockchain and Transparency in Online Casinos Australian Real Money

February 21, 2024

Crypto analyst says XRP price could rise 2,300% to $14.6. Here’s how:

March 9, 2024

South Korea’s retail cryptocurrency trading volume hit $18 billion, outpacing the local stock market.

December 3, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.