Bitcoin Transaction Volume Plummets Despite Price Surge

Despite hitting a record high of $104,591 on June 7, 2025, Bitcoin’s transaction volume dropped to its lowest point in two years. This unusual trend coincides with a shift in market sentiment towards holding rather than trading. Institutional players and trading platforms have exerted significant influence on this market behavior, but there has been no official comment from Bitcoin’s core developers about the decline. Analysts are closely watching for potential impacts of this sustained low transaction activity on Ethereum and other blockchain networks.