Velocity measures how frequently Bitcoin moves within a given period. It’s calculated by dividing the total transaction value by the average supply of Bitcoin. Higher velocity indicates heavier Bitcoin usage in transactions, while lower velocity suggests reduced activity and a growing preference for holding BTC. While velocity might sound too abstract to provide any significant […]
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Go here to Read this Fast! Bitcoin velocity hits 12-year low as institutional demand drives up price
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Bitcoin velocity hits 12-year low as institutional demand drives up price