Blockchain analytics platforms like Blockchain.com

Bitcoin Hits 1 Billion Transactions as Price Surges to $65,000

May 6, 2024, 12:09 PM

The Bitcoin network has achieved a significant milestone by processing its one billionth transaction, a landmark reached within 15 years of its existence. This achievement was recorded in block 842240 and comes at a time when Bitcoin's price has surged to $65,000, its highest in almost two weeks. The network has been handling an average of 178,475 transactions daily since its launch. This milestone underscores the growing usage and acceptance of Bitcoin in the financial landscape.