Bitcoin miners’ income rose to $22.6 million per day this week, the highest level since June 2022
According to reports, according to the latest data from blockchain analysis company Glassnode, the 7-day average price of Bitcoin closed up 35.8% this week, which has only occurred in 16 days since 2015. With the price rebound, the monthly average of Bitcoin’s weekly trading volume has reached 309500 transactions per day, which is the highest level since April 2021. In history, less than 12.2% of trading days have seen more trading activity than this week. In addition, the number of new entities added to the Bitcoin chain has reached 122000 per day, with only 10.2% of transaction days reflecting a higher adoption rate of new users in history. Bitcoin miners have benefited from the market recovery, with mining revenue soaring to $22.6 million per day, the highest level since June 2022.
Interpretation of this information:
The latest data from blockchain analysis company Glassnode reveals that Bitcoin has seen a significant increase of 35.8% in its 7-day average price this week, which has only occurred 16 times since 2015. This surge in price has also led to an increase in Bitcoin’s weekly trading volume, reaching 309500 transactions per day, the highest level since April 2021. Additionally, the number of new entities added to the Bitcoin chain has reached 122000 per day, indicating a 10.2% adoption rate of new users. The mining revenue of Bitcoin has also reached $22.6 million per day, the highest since June 2022.
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