CryptoQuant says bitcoin microtransactions now make up 80% of daily transactions
Hex37's read
- Microtransactions (<0.01 BTC) are 80% of daily Bitcoin transactions.
- This is a significant increase from 44% in 2023.
- Data comes from CryptoQuant analysis.
What it means for traders
- Increased microtransactions could indicate wider adoption or increased speculative activity.
- Observe if this trend impacts Bitcoin's transaction fees or network congestion.
Affected markets
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