$9 trillion sent using Bitcoin, reaffirms utility for large wealth transfers

fter Bitcoin reached its 15-month high by breaking the $10,000 mark, a renewed focus on one of its less represented metrics showed that, so far, over $9.2 trillion has been sent using BTC, and the value is quickly increasing with $13 billion in BTC sent each day.

Bitcoin metrics show significant growth

Bitcoin‘s latest rally from its month-long $8,000 position cemented the idea that bear market is over. After slicing through the $10,000 resistance level and reaching a trading average of above $12,000, Bitcoin has seen every single one of its metrics skyrocket.

Everything from its hash rate and the number of active addresses to the number of transactions per day and the transaction value are on the rise. Data from Blockchain .com also shows a steady increase in interest when it comes to Bitcoin, with more and more people searching for Bitcoin and Bitcoin-related terms every day.

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