Bitcoin hits a historic milestone with a staggering $131 trillion in transaction volume, signaling massive institutional adoption and unprecedented maturity of the crypto market.
Bitcoin hits record volume of $131 trillion
Glassnode, leader in blockchain analysis, has just published a report which traces 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 the result of chance, but the result of complex institutional and technological dynamics.
Since its creation, Bitcoin processed 1.12 billion transactionsrepresenting $131.25 trillion in transfer volume. This considerable mass demonstrates the robustness and liquidity of a network which has won the trust of traditional investors and financial giants.
Market capitalization briefly exceeded $2 trillion, surpassing even the market valuation of silver. A strong signal which testifies to the growing legitimacy of Satoshi Nakamoto's invention in the global financial ecosystem.
A new era for the queen of cryptos
Glassnode data reveals a fascinating distribution of Bitcoin holders. Institutional portfolios take a prominent place: exchanges manage 9.1% of the total supply, while American ETFs control 5.6% of bitcoins in circulation.
The US Treasury itself holds 187,000 BTC, or 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 highs, ensuring security and decentralization that remain the founding principles of Bitcoin.
In short, 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 $100,000 is not just a number: it is the consecration of a financial revolution which is redrawing the contours of the global economy.
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