Bitcoin Hits 1 Billion Transactions: Will BTC Reach $100K in 2024?

Bitcoin Hits 1 Billion Transactions: Will BTC Reach $100K in 2024?
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Bitcoin network achieved a milestone of one billion transactions; it takes 15 years and 4 months to attain this humongous number.
A major achievement has been marked by the Bitcoin network 15 years after its inception – the one billionth transaction has been processed. According to Clark Moody’s Bitcoin dashboard, the transaction count 1,000,000,000 was recorded in block 842,241 at precisely 9:34 pm UTC on May 5th.
#Bitcoin has officially processed over 1 billion transactions. pic.twitter.com/kS704YYoW5
— Wicked (@w_s_bitcoin) May 5, 2024
Recently, Bitcoin transactions and their corresponding fees have been a key discussion point among industry participants due to the introduction of Bitcoin Ordinals and Runes. 
The latter raised transaction fees to a record during its debut. The halving, which roughly cuts miners’ rewards by 50% every four years, reduced them from 6.25 Bitcoins to 3.125. Bitcoin is the world’s first blockchain-based cryptocurrency and was intr

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