cryptofamily

Pierre Rochard, vice president of cryptocurrency mining company Riot Platforms, said that more than $19 trillion in transactions were processed on the Bitcoin blockchain in 2024.Compared to 2023, the value of sent BTC increased by 121%.This interrupted the negative trend associated with a decrease in the volume of transfers, which was observed in the period from 2022 to 2023.According to Roshar, these statistics indicate that Bitcoin is not only a store of value, but also a medium of exchange.However, the progress of the Bitcoin blockchain should be assessed with a grain of salt,In 2023, BTC was worth no more than $44,000, and last year its price increased to $108,364. Accordingly, the amount of transactions made has increased significantly due to the growth in the value of the cryptocurrency.

Makes sense, and the decline was due to a drop in price 😁  200 $DEGEN