by aria-ratings.com
June 6, 2025 at 09:54
Bitcoin Sees Daily Transactions of $7.3 Billion, Outpacing Visa and Mastercard
A recent report highlights that Bitcoin's true transfer volume is currently averaging $7.3 billion per day.
This figure comes from an analysis by Glassnode, conducted in collaboration with the CME Group.
Bitcoin’s transfer volume reflects the total cryptocurrency involved in transactions on its blockchain.
Notably, Bitcoin's unfiltered daily transaction volume soared to $48.7 billion, surpassing Visa's $36.2 billion and Mastercard's $26.7 billion.
However, this unfiltered volume includes noise from wallet transfers by individual investors.
To address this, Glassnode introduced an "Entity-Adjusted Volume," which refines the data to account only for transactions between distinct entities.
This method yields a more accurate daily volume of $7.3 billion, amounting to an estimated $2.9 trillion for the year 2024.
While still less than traditional payment processors, this performance is noteworthy for the cryptocurrency sector.
Additionally, Bitcoin's realized capitalization has surged to $872 billion, reflecting an impressive injection of $472 billion in fresh capital since November 2022.
Despite these strong metrics, Bitcoin's price recently dipped nearly 3%, now sitting at $101,000.
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