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Bitcoin Network Processed $19,200,000,000,000 Worth of BTC Transactions Last Year, Says Riot Platforms Executive

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Credit : dailyhodl.com

New knowledge reveals that the Bitcoin (BTC) community processed $19.2 trillion in BTC transactions final 12 months.

In a brand new wire On social media platform

Nevertheless, Rochard’s chart signifies that the highest crypto belongings by market capitalization have seen extra funds processed lately. A whopping $47.7 trillion price of BTC transactions have been processed in 2021, whereas that quantity dropped to $36.4 trillion in 2022.

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Supply: Pierre Bochard/X

He too say that the second spherical of Bitcoin securitization by establishments will drive BTC adoption to unprecedented heights.

“Season 2: Bitcoin Securitization. That is de facto how BTC will scale to a billion customers.”

The manager department goes additional to predict that 2025 will nonetheless be a 12 months wherein the securitization of BTC – or the creation of funding automobiles corresponding to exchange-traded funds (ETFs) linked to Bitcoin – will proceed to outpace the efficiency of an rising use case within the decentralized finance (DeFi) house.

“2025 Prediction: TradFi Securitization of BTC Will Proceed to Overshadow DeFi Tokenization of BTC [real-world assets].”

BTC is buying and selling at $98,962 on the time of writing, up fractionally on the day.

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READ  Analyst Predicts Bitcoin Bull Run: MVRV Stats Point to a Target of $95,000 to $120,000

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