In January, the transaction processing volume of the Bitcoin network hit a new low of 11 months

Panews News on February 2nd. According to The Block, the transaction processing volume of the Bitcoin network in January hit a 11 -month low, which continued the decline trend for three consecutive months. Compared with the maximum monthly trading volume of online history created in October 2024, the monthly transaction volume decreased by more than 43%. The backlog of Bitcoin's unprecedented transactions has also decreased significantly. As the memory pool of the miners emptied the Bitcoin node, the transaction fee hit a record low. Several blocks were not filled on February 1.