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Diar: Bitcoin Transaction Volume Shows Signs of Bull Market as Quarterly Trend Reverses

Published 05/01/2019, 06:02 AM
Updated 05/01/2019, 06:43 AM
Diar: Bitcoin Transaction Volume Shows Signs of Bull Market as Quarterly Trend Reverses

On-chain transactions on the bitcoin (BTC) network hit fresh highs not seen since 2017 in April, industry newsletter Diar noted on April 30, quoting blockchain data provider TokenAnalyst.

Continuing a trend that had already started at the end of March, on-chain transaction volume hit a 14-month high in April. This, Diar notes, is similar to the figure from June 2018, when the price of bitcoin circled $7,000.

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