Bitcoin Transaction Volume Soars to $37.4B: What’s Driving the Surge?

Bitcoin saw a big surge in on-chain transaction volume, with $37.4 billion worth of transactions happening on Tuesday. This is the highest on-chain volume since March 12, 2024. The spike, according to data from Santiment and Lookonchain, was caused by dormant Bitcoin coming back into circulation, especially from whales. The increase in transaction volume happened The post Bitcoin Transaction Volume Soars to $37.4B: What’s Driving the Surge? appeared first on Coin Edition .

Source: Coin Edition