Bitcoin transactions hit a new record of 682,280 daily transactions on May 1, 2023, according to data from BitcoinCasinos.com.

This is a 194% increase compared to the same time last year and represents a new all-time high for Bitcoin transactions.

BitcoinCasino’s financial analyst Edith Reads commented on the data: “The sharp uptick in Bitcoin transactions reflects the growing popularity of the world’s largest cryptocurrency as institutional and retail investors alike flock to its secure blockchain infrastructure.”

Bitcoin is a digital currency that tracks and verifies transactions using blockchain technology. It is decentralized, meaning any government or financial institution does not control it. A Bitcoin transaction is simply the transfer of funds from one person to another using the cryptocurrency. The transaction is recorded on the blockchain, which acts as a public ledger for all Bitcoin transactions. The full story and statistics can be found here:  Bitcoin Transactions Spike 194% YoY, Hitting A New All-Time High