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Jaw dropping! Shocking feast!
Crazy feast of Bitcoin trading and price
From the estimated transaction value of Bitcoin (data source: Blockchain.com), we can clearly see that on May 28, the transaction volume of Bitcoin soared like a rocket, breaking through the sky with an unstoppable momentum, directly exceeding the astonishing figure of US$25 billion, successfully creating a new record since last year. The detailed data provided by Blockchain.com clearly shows that as many as 367,000 BTC were transferred, which undoubtedly fully demonstrates the continuous and high relevance and activity of Bitcoin in the crypto field. This round of rapid surge in transaction value not only perfectly presents the extremely powerful resilience of Bitcoin, but also fully demonstrates the high trust of investors in it. The sharp fluctuations in Bitcoin clearly show that market confidence is extremely strong, and people's strong interest in cryptocurrencies continues to heat up, and their enthusiasm continues to rise.
By June 5, 2024, the price of Bitcoin had climbed to an astonishing high of $70,483.37. Even though the overall NFT market has been sluggish recently, Bitcoin has still stubbornly demonstrated its tenacity and positive market sentiment. This price point has actually risen by 1.86% in the past 24 hours. There is no doubt that this clearly shows that the bullish momentum is regaining its vitality, as if a bright new star is rising.
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