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According to Cointelegraph, in 2024, the transaction volume settled through the Bitcoin network will exceed $19 trillion, more than double the $8.7 trillion settled through the network in 2023, reversing the trend of declining transaction volume since 2021. According to Pierre Rochard, Vice President of Research at mining company RiotPlatforms, Bitcoin trading volume peaked at around $47 trillion during the bull market in 2021 and sharply declined in 2022 and 2023. @ftihvb
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