Bitcoin Transactions Below 0.01 BTC Surge to 80% of Daily Trades, Up from 44% in 2023

BTC-1.92%
ORDI-3.46%
According to CryptoQuant research head Julio Moreno cited by The Block on June 19, transactions below 0.01 BTC now account for 80% of daily bitcoin trades, up from approximately 44% in 2023. The surge is driven by Runes, Ordinals, BRC-20, and timestamp services—OP_RETURN-based protocols that generate high volumes of micro-transactions, some as low as 546 satoshis (roughly $0.35). Bitcoin's network activity index has risen steadily since January, reaching its highest level since late 2024, and remains only about 7% below the all-time high set in September 2024.
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