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Bitcoin Network Transactions Reach $19 trillion by 2024

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2025-01-05 02:18:48
According to Pierre Rochard, vice president of research at Riot Platforms, Bitcoin trading volume peaked at around $47 trillion during the 2021 bull market, before falling sharply in 2022 and 2023. Rochard wrote, "The Bitcoin network completed over $19 trillion worth of BTC transactions in 2024, conclusively proving that Bitcoin is both a store of value and a medium of exchange.