$BTC In 2024, the Bitcoin network increased its volume

At the time of writing this article, the market capitalization of Bitcoin was approximately $1.9 trillion. In 2021, when the cryptocurrency market was thriving, the volume of Bitcoin transactions peaked at $47 trillion. Over the years of decline, it sharply fell, but in 2024 it rose again, reaching over $19 trillion in transactions. This is more than double the $8.7 trillion paid in 2023, reversing the downward trend established since the end of 2021.