• Bitcoin’s 7-day moving average of daily transactions sits at 224,021 as of 09/02/18, the cryptocurrency's highest level for daily transactions since its price crashed in January 2018. 
• Transactions per day is an important metric in cryptos as it measures demand and is an indirect measure of the veocity of Bitcoin's market value.
• Steady growth in transaction activity is an especially positive indicator in assessing a crypto’s price, as infrequent spikes in transaction activity could simply mean traders are profit-taking.
• Since 6/29/18, Bitcoin’s daily transactions have increased 21.5% in a relatively consistent manner. 
• BTC’s price broke past the $7,000 barrier on Friday and is currently trading at US$7,380.44.
• Growing transactions/day are a result of increased demand for BTC, positive investor sentiment, and a healthy mining supply. Steady growth in transactions/day may serve as an early indicator of a large BTC price breakout.

Source: Blockchain.com