Bitcoin Ordinals’ unique non-fungible token (NFT) inscriptions on the Bitcoin blockchain have recently registered over $210 million in trading volume in the first half of 2023 alone. This new wave of innovation, coupled with the volume recorded so far, demonstrates the potential that lies within the intersection of blockchain technology and digital artistry.
Bitcoin Ordinals’ Q2 Performance Defies Expectations
In a recent quarterly report from DappRadar, a rise in trading volume was documented for Bitcoin in the second quarter of 2023. The data, characterized by notable fluctuations, attributes this heightened trading activity to an increased interest in Ordinals, suggesting a marked shift in trader preferences and investment strategies.
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