First significant rise in Bitcoin velocity since March shows spike in trading

Bitcoin velocity measures the rate at which coins are circulating within the market. It is calculated by dividing the trailing 1-year estimated transaction volume—or the cumulative sum of transferred tokens—by the current supply of Bitcoin. Velocity is an important metric because it indicates the level of economic activity in the network. A higher velocity means […] source: https://cryptoslate.com/first-significant-rise-in-bitcoin-velocity-since-march-shows-spike-in-trading/