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    Home»Bitcoin»Bitcoin Community Processed $19,200,000,000,000 Price of BTC Transactions Final Yr, Says Riot Platforms Govt – The Each day Hodl
    Bitcoin Community Processed ,200,000,000,000 Price of BTC Transactions Final Yr, Says Riot Platforms Govt – The Each day Hodl
    Bitcoin

    Bitcoin Community Processed $19,200,000,000,000 Price of BTC Transactions Final Yr, Says Riot Platforms Govt – The Each day Hodl

    By Crypto EditorJanuary 6, 2025No Comments2 Mins Read
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    New information reveals that Bitcoin’s (BTC) community processed $19.2 trillion value of BTC transactions over the past yr.

    In a brand new thread on the social media platform X, Pierre Rochard, a vice chairman of mining agency Riot Platforms, says the massive quantity of funds processed signifies that the crypto king is each a retailer of worth asset and a medium of change.

    Nevertheless, Rochard’s chart signifies that the highest crypto asset by market cap noticed extra funds processed in years prior. In 2021, a staggering $47.7 trillion value of BTC transactions had been processed whereas in 2022, that quantity dipped to $36.4 trillion.

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    Supply: Pierre Bochard/X

    He additionally says that establishments’ second spherical of Bitcoin securitization will see BTC adoption rise to heights by no means seen earlier than.

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

    The chief goes on to foretell that 2025 will nonetheless be a yr the place the securitization of BTC – or the creation of funding autos corresponding to exchange-traded funds (ETFs) linked to Bitcoin – will proceed to outpace the efficiency of 1 rising use case within the decentralized finance (DeFi) house.

    “2025 prediction: TradFi securitization of BTC will proceed to eclipse DeFi tokenization of [real-world assets].”

    BTC is buying and selling for $98,962 at time of writing, a fractional enhance on the day.

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    Disclaimer: Opinions expressed at The Each day Hodl will not be funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any losses it’s possible you’ll incur are your accountability. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please word that The Each day Hodl participates in online marketing.

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