DataLight: Bitcoin trading volumes increased compared with the peak marks of 2017

According to the observations of DataLight analysts, in relation to the 2017 highs, the volume of Bitcoin trading increased one and a half times.

It is noteworthy that at the end of 2017 there was a culmination of the previous phase of the bull market, while digital gold was trading even higher than the current relatively high levels.

The experts also found that at present the average size of the transaction commission has reached $ 5, which corresponds to the figures for January 2018. This indicates a significant increase in blockchain activity, which is also an important fundamental factor. For example, in May of this year, 452 thousand transactions went through the network of the first cryptocurrency for the day (the second result in the entire history of BTC).

As for the hashrate, after a drop of 35% in November 2018, the aggregate computing power of the Bitcoin network has recently updated a new maximum .

Recall that the volume of trades and the financing rate on the crypto-derivative BitMEX market have recently reached record highs .

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