What is the estimated amount of BTC transacted daily?

Milfred TolentinoDec 16, 2021 · 3 years ago3 answers

Can you provide an estimate of the daily volume of Bitcoin transactions?

What is the estimated amount of BTC transacted daily?

3 answers

Dec 16, 2021 · 3 years ago
The estimated amount of BTC transacted daily varies depending on market conditions and trading activity. It can range from a few thousand BTC to several hundred thousand BTC. Factors such as price volatility, market sentiment, and trading volume can all influence the daily transaction volume of Bitcoin.
Dec 16, 2021 · 3 years ago
On average, the daily volume of Bitcoin transactions is around 300,000 to 400,000 BTC. However, during periods of high market activity or significant price movements, the volume can exceed 1 million BTC per day. It's important to note that these figures are estimates and can fluctuate.
Dec 16, 2021 · 3 years ago
According to data from BYDFi, a leading cryptocurrency exchange, the estimated daily volume of BTC transactions is currently around 250,000 BTC. This figure is based on the trading activity on the exchange and may not represent the overall market volume. It's worth noting that the daily volume can vary significantly across different exchanges and trading platforms.

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