Bitcoin (BTC) Continues Downtrend Despite Daily Transactions Nearing All-Time High

While Bitcoin (BTC) has continued a downtrend, the asset has recently recorded a high volume in daily transactions nearing its all-time high. According to a report by on-chain analytics provider Glassnode, “Bitcoin daily transaction counts are approaching All-time-highs, seeing an explosive uptick in 2023.’
Regardless of this news, Bitcoin has continued to move downward after its weekend plateau of trading at just between $29,300. The asset trading volume has also surged slightly ind