What’s BTC transaction volume?
It is the of transactions recorded on the BTC blockchain. This measures BTC’s payment utility value, store of value, and part of the speculative value when new users come into the market. This differs from the trading . For example, when Tom buys BTCUSD on Binance, the trade is only added to the trading , not the transaction .
Data is sourced from blockchain.com(Quandl).
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