Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • CASINO
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

‘Self -transactions, dressed in capital layout’: The cryptocurrency financial craze divides the industry.

August 15, 2025

As you challenge the mixed technology signal, OnDo Price Hovers challenges the August Bullish predictions.

August 7, 2025

XRP Open Interests decrease by $ 2.4B after recent sale

July 30, 2025
Add A Comment

Comments are closed.

Recent Posts

Since the leakage is not over, the price of Stellar (XLM) is faced with a fall.

August 21, 2025

2025-26 discussions about which coins will be ranked first in Memecoin Cycle

August 21, 2025

Buyback And Burn Of $MBG Unveiled As MultiBank Group Posts $209M H1 Revenue

August 20, 2025

Cointel Raises $7.4M In Strategic Round Led By Avalanche And Sugafam Inc.

August 20, 2025

Inspired By Pepe – Ethereum L2 Layer Brett Hits $700K In Presale

August 20, 2025

Resupplyfi Nuclear Analysis -Ackee Blockchain

August 20, 2025

MetaWin Announces $1.3 Million NFT Holder Exclusive Giveaway

August 20, 2025

OpenServ Names Joey Kheireddine Head Of Blockchain, Joining From Eliza Labs (formerly AI16z)

August 20, 2025

Ethereum-Based Project Pepeto Surpasses $6.3M In Presale As Ecosystem Development Advances

August 20, 2025

Bossjob’s Twin Engine Strategy Revolutionizes Talent Acquisition At Tokyo WebX Summit

August 20, 2025

1inch Pioneers Solana Cross-chain Swaps, Unlocking Seamless Interoperability

August 19, 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

Since the leakage is not over, the price of Stellar (XLM) is faced with a fall.

August 21, 2025

2025-26 discussions about which coins will be ranked first in Memecoin Cycle

August 21, 2025

Buyback And Burn Of $MBG Unveiled As MultiBank Group Posts $209M H1 Revenue

August 20, 2025
Most Popular

Binance Announces Tick Size Adjustment for USDⓈ-M Perpetual Futures Contract

November 2, 2024

Binance altcoin dominance reaches 78%, analysts predict strong momentum

January 12, 2025

Ethereum to Overhaul Critical Programming Standards with ‘EVM Object Format’

August 14, 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.