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Tuesday

22 June 2021

Crypto market sinks by $300B while Bitcoin transactions near 3-year low

Crypto market sinks by $300B while Bitcoin transactions near 3-year low


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The recent slump also coincides with a marked decline in the number of transactions flowing through the Bitcoin blockchain.

The same general pattern was witnessed with Ether (ETH), where daily transactions sank from 1.6 million on May 11 (the same day the coin price peaked), to 1 million by June 6 — a 37.5% decline.

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cointelegraph.com
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