Bitcoin

<ul><li>Glassnode Alerts reveal a 23-month low transaction volume worth $30k for BTC.</li><li>This is a drop from $116K as per data released on November 23.</li><li>BTC is currently trading steady at $16,500 as Thanksgiving initiates.</li></ul>Earlier today, on-chain transactions monitoring platform Glassnode Alerts tweeted that <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/" rel="noopener noreferrer nofollow">Bitcoin</a> transaction volume for the 7-day Moving average (MA) has hit its lowest in 23 months at $30,663.79.This new transaction volume is a huge drop in comparison to Glassnode Alerts statistics on November 23. According to the previous <a href="https://twitter.com/glassnodealerts/status/1595179217825792000?ref_src&#61;twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1595179217825792000%7Ctwgr%5Ef8a124cb5c461922a9a60f52ac07e4b0e9da8bb2%7Ctwcon%5Es1_&amp;ref_url&#61;https%3A%2F%2Fthedalesreport.com%2Fcrypto-nfts%2Fcrypto-exchange-activity-wavers-as-bitcoin-transaction-volume-at-2-year-lows%2F" rel="noopener noreferrer nofollow">data</a><a href="https://twitter.com/glassnodealerts/status/1595179217825792000?ref_src&#61;twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1595179217825792000%7Ctwgr%5Ef8a124cb5c461922a9a60f52ac07e4b0e9da8bb2%7Ctwcon%5Es1_&amp;ref_url&#61;https%3A%2F%2Fthedalesreport.com%2Fcrypto-nfts%2Fcrypto-exchange-activity-wavers-as-bitcoin-transaction-volume-at-2-year-lows%2F" rel="noopener noreferrer nofollow">, </a>BTC Mean Transaction Volume for 7-day MA stood at $116,564.65.Dropping 0.11% in the last 24 hours, Bitcoin is currently trading at $16,500. Despite a brief dive at $15,500 due to disruption in the crypto market on account of the lending firm Genesis Global Capital suffering consequences of exposure to FTX, BTC maintained steady prices at $16,000 over the last three weeks.<a href="https://coinedition.com/bitcoin-mean-transaction-volume-reaches-new-23-month-low/" rel="noopener noreferrer nofollow">See original on CoinEdition</a>

Bitcoin Mean Transaction Volume Reaches New 23-Month Low

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