As Bitcoin became extremely volatile yesterday, it breached its all-time high hourly transaction volume. In just one hour, the on-chain volume of Bitcoin was more than $8.9 billion.
While the blame falls on volatility for the movement, the actual reason might be completely different.Click here to read the full newsLooks like Bitcoin does it again!No, we're not talking more about the price pump, but the on-chain volume that was being generated in just an hour. For me, I think this one is really something! To all who have waited for the price to pump, you guys didn't see this coming back then due to the market's unpredictability.
I just hope that before the end of the year, Bitcoin and other cryptocurrencies will be making a "one last rally". However, I would not count on the Santa Rally though.
It's just that Bitcoin is full of surprises, especially this one.