Bitcoin's daily total transaction value exceeds $10Bn | Coinscrum On-Chain Reaction w/ James Bennett

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Published Mar 2, 2021

With the recent price pullback we are now seeing a period of higher volatility on the Bitcoin Network. Meanwhile, the median Bitcoin transaction value increases and we are now seeing daily transaction volume exceed $10Bn - huge! Watch the latest Bitcoin market update.

James Bennett, CEO of ByteTree, hosts Coinscrum Markets On-Chain Reaction.

Coinscrum Markets YouTube Channel: https://www.youtube.com/c/Coinscrum

More On-Chain Reaction Episodes with ByteTree: https://www.youtube.com/playlist?list=PLnGKc-D1BcsAv0W7nE_ZetnvfDeCoodPmzz

DISCLAIMER: This entire presentation is for informational purposes only and in no way constitutes investment advice

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???? TIMECODES

00:00 Intro
00:24 High Bitcoin volatility challenges the notion for a safe place to store assets
01:03 Bitcoin's daily transaction value exceeds $10Bn a day
01:53 Bitcoin Miner revenues hit $60M per day
02:46 Median transaction value on the Bitcoin Network increases
03:36 Core traffic sustains the Bitcoin Network
05:06 Bitcoin miner selling has eased off

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