Bitcoin hits half a billion transactions

English Feb 6, 2020

Last wednesday, many twitter users were celebrating another important milestone for the crypto community. The number of Bitcoin network transactions just surpassed the half a billion mark. This number is confirmed by and comes at a time when the Bitcoin network is hitting new records left and right.

A community made of hodlers

According to Yahoo Finance, the majority of BTC owners are confident in its future. The data showed that more than 10.7 million bitcoins have not moved in over a year. The number accounts for almost 60% of the entire BTC market cap. Instead of trading or exchanging BTC, the vast majority are confident the price will grow in the future. Not only that, but the leading crypto is gaining more traction in the general conversation as well.


Morel Hernandes

Writer passionate about politics, economics, blockchain and crypto-currencies.