Why Bitcoin Wikipedia Page Traffic Just Hit 2023 Peak

Zinger Key Points
  • Bitcoin's Wikipedia page recorded 7,830 views on Sep. 8, the highest for 2023.
  • The surge is linked to the anticipated launch of a spot Bitcoin ETF.

Bitcoin's BTC/USD Wikipedia page recently saw an unprecedented surge in its daily traffic.

On Sep. 8, the page registered a peak of 7,830 views, the highest for 2023.

This spike in interest is believed to be linked to the growing anticipation of the launch of a spot Bitcoin ETF, leading many to explore the intricacies of the renowned cryptocurrency, according to data gathered by The Block Pro.

This heightened interest in Bitcoin and its potential ETF launch is among the topics set to be discussed at Benzinga's Future of Digital Assets conference on Nov. 14. The event will provide expert insight into the evolving dynamics of the digital asset realm, especially as the industry anticipates pivotal developments like the spot Bitcoin ETF.

Meanwhile, crypto spot volumes witnessed a dip on Sep. 10, settling at $9.01 billion.

This decline is significant, as it's the first time the volumes have gone below the $10 billion mark since November 2020.

Binance, a leading crypto exchange platform, experienced the most substantial volume drop, particularly after it ended its zero-fee spot BTC trading promotion.

Also Read: 'Stoner Cats' Creators Caught In SEC's Crypto NFT Crackdown, Face $1M Fine: Series Stars Ashton Kutcher, Mila Kunis

Curve's crypto-backed stablecoin, CRVUSD, has seen steady growth since its May debut. By August's end, its supply had reached over 700 million, positioning it as the second-largest crypto-backed stablecoin, with DAI leading the pack.

Additionally, Base, a layer 2 blockchain solution, has been on a consistent growth path.

Since Aug. 26, it has been adding an average of 720,000 new addresses daily.

This rapid addition has brought Base's total unique addresses to a remarkable 15 million.

When it comes to transactions, Base is on par with other layer 2 platforms like Arbitrum ARB/USD and Optimism OP/USD, with its transaction numbers reaching close to 900,000 in August.

Read Next: Shibarium's Blockchain Technology Brings Sizzle To Fast Food Industry

Meet and engage with transformative Digital Asset and Crypto business leaders and investors at Benzinga's exclusive event - Future of Digital Assets. Tickets are flying-  get yours!

Photo: Shutterstock

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Posted In: CryptocurrencyNewsMarketsBinancecrypto exchangeDigital AssetsLayer 2 blockchainSpot Bitcoin ETFWikipedia
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