The Bitcoin Ordinals trading market set a new record in its history with a trading volume of over $9.2 million on May 6. Cryptocurrency’s popularity and acceptance among investors is evidenced by UniSat accounting for 73.7 percent of trading volume. In addition, daily active users of the Bitcoin Ordinals trading market have exceeded 6,000, an impressive number for a niche market. Meanwhile, the price of an altcoin project belonging to the ecosystem saw an increase of close to 40 percent. Here are the details…
The bullish for altcoin in the Bitcoin ecosystem
Despite the general cryptocurrency market volatility, Bitcoin Ordinals are gaining momentum and investors are putting their trust in it, as evidenced by the ORDI token’s rise of over 38% over the past 24 hours. This achievement is notable for a token that has been on the market for a relatively short time. The future of the Bitcoin Ordinals trading market looks promising and it will be interesting to see what other milestones it reaches in the coming days.
On May 6, the trading volume of the Bitcoin Ordinals trading market exceeded $9.2 million, reaching a record high in its history. The fact that UniSat accounts for 73.7% of the trading volume in the trading market demonstrates the popularity and acceptance of the cryptocurrency among investors. In addition, the daily active users of the Bitcoin Ordinals trading market exceeded 6,000, which is a significant number, especially considering the fact that it is a niche market. Another notable achievement for Bitcoin Ordinals was the daily transaction count exceeding 10,000, a clear indication of the growing demand for Bitcoin and other cryptocurrencies. The fees paid by Ordinals during this time were also notable, with 65 BTC being paid which is a record level.
TRAC rose 1,000 percent
It is noteworthy that these achievements coincided with a period when the cryptocurrencies market in general was going through a period of ups and downs. Despite the fluctuations, Bitcoin Ordinals seem to be gaining momentum and investors are very confident in it. The market performance of the ORDI token, which is linked to the Bitcoin Ordinals trading market, also reflects this trend. According to Brc-20.io data, the ORDI token has increased by more than 38 percent in the last 24 hours and its market cap has reached $200 million, while the TRAC token has risen more than 1,000 percent in just one day. This is a remarkable achievement for a token that has been on the market for a relatively short time.
All in all, the recent successes of the Bitcoin Ordinals trading market are a clear indication of the growing popularity and demand for Bitcoin and other cryptocurrencies. With the market showing promising signs, it will be interesting to see how it performs in the coming days and what other milestones it will reach in the future.
50920
