Bitcoin Breaks Records With $131 Trillion In Transactions

Bitcoin crosses a historic milestone with a stunning transaction volume of $131 trillion, signaling massive institutional adoption and unprecedented maturity of the crypto market.

Bitcoin reaches a record volume of $131 trillion

Glassnode, a leader in blockchain analysis, has just published a report tracing the meteoric rise of Bitcoin. On December 5, 2024, the queen of cryptos reached the symbolic threshold of $100,000, crowning more than a decade of development and resilience. This performance is not a coincidence but the result of a complex institutional and technological dynamic.

Since its inception, Bitcoin has processed 1.12 billion transactions, representing $131.25 trillion in transfer volume. This considerable mass demonstrates the robustness and liquidity of a network that has gained the trust of traditional investors and financial giants.

The market capitalization briefly exceeded $2 trillion, even surpassing the market valuation of silver. A strong signal that testifies to the growing legitimacy of the invention by Satoshi Nakamoto in the global financial ecosystem.

A new era for the queen of cryptos

Data from Glassnode reveals a fascinating distribution of Bitcoin holders. Institutional wallets play a prominent role: exchanges manage 9.1% of the total supply, while US ETFs control 5.6% of circulating bitcoins.

The US Treasury itself holds 187,000 BTC, which is 0.9% of the supply, a fact that perfectly illustrates Bitcoin’s transformation from a speculative asset to a recognized financial instrument. ETFs, launched in January 2024, have experienced exponential growth, validating the growing appetite of institutional investors.

This institutionalization is accompanied by remarkable technical sophistication. The network’s hash rate has reached historic peaks, ensuring security and decentralization, which remain the foundational principles of Bitcoin.

In summary, Bitcoin has now proven its ability to withstand fluctuations, with 72 months of positive growth and an average increase of 37.4%. A journey that demonstrates its resilience and growing maturity in global financial markets. Crossing the $100,000 threshold is not just a number: it marks the culmination of a financial revolution that reshapes the contours of the global economy.