Bitcoin (BTC) Marks Milestone with 1 Billionth Transaction, Experiences Slight Price Uptick

Bitcoin (BTC) Marks Milestone with 1 Billionth Transaction, Experiences Slight Price Uptick

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  • Bitcoin starts the week trading above $65,000, marking a positive start for the cryptocurrency market.
  • The global cryptocurrency market capitalization is currently at $2.5 trillion, showing a 1.3% gain in the past day.
  • Bitcoin’s network has now processed over 1 billion transactions, with Runes becoming the main driver behind the growing daily transactions.

Bitcoin begins the week on a high note, trading above $65,000, and the global cryptocurrency market capitalization is at $2.5 trillion. The Bitcoin network also celebrates a milestone, having processed over 1 billion transactions.

Bitcoin’s Positive Start to the Week

Bitcoin started Monday trading above $65,000 for the first time in more than a week. Although it has retraced slightly, it is still 0.5% higher than it was this time yesterday. This positive trend has also reflected in the rest of the crypto market. Early Monday morning, the global cryptocurrency market capitalization was at $2.5 trillion, having gained 1.3% in the past day, according to CoinGecko data.

Bitcoin Network Milestone

The Bitcoin network has now processed more than 1 billion transactions. This milestone was largely driven by the newcomer, Runes, which has become the main driver behind the growing daily transactions. Runes, a protocol built on top of Bitcoin, has been described as a project that picks up where BRC-20 tokens left off, introducing NFT-like assets to the network. It has ushered in a new era of fungi... Read the full article for FREE at COINOTAG!

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