New BTC milestone: Volume has doubled since 2017steemCreated with Sketch.

in #bitcoin5 years ago (edited)

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Today Bitcoin broke through 47 billion dollars in 24 hours of volume. Last time that happened was June 27th 2019 with a volume of 43 billion.

In comparison the 2017 Bitcoin price all time high we had a max volume of 23 billion.

Now I'm skeptical on volume reporting by exchanges. Who knows if it's true and honest reporting. But volume is a good sign of a healthy asset like Bitcoin so glad to see it's doing so well.

Hashrate as well is nearly at all time highs, so as long as the lightning network handles the next big run up things are looking good for Bitcoin.

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Hope you have some, I have.. but not a lot!

@slobberchops yeah I keep a balanced portfolio of altcoins and bitcoin. Looking forward to the future.

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