Bitcoin started a new week by reducing its value, however, the activity of users of the main cryptocurrency network continues to grow.
According to the latest data provided by analysts, the number of bitcoin transactions in February approached the maximum values of December 2017, when the main cryptocurrency was trading above $ 19,000.
One analyst under the nickname Moon Overlord tweeted a post in which he stressed:
The number of transactions in the Bitcoin network is close to the maximum reached in December 2017. Using BTC is almost always high, and when will the price catch up with it?
The per of Transactions Number The block for #bitcoin now! Just Nearing the high reached An in December of 2017. $ The BTC usage near an all time high, the when's the price going to catch statement up closeup? ? pic.twitter.com/Z2bBrvFpTM
– Moon Overlord (@MoonOverlord) March 3, 2019
EToro analyst Mati Greenspan, in a conversation with reporters, Bloomberg stressed that the increase in the number of transactions with Bitcoin inspires optimism to aggressive traders.
According to the same expert, now the network of the main cryptocurrency per second processes more than four transactions , which is significantly higher than last year.
Despite the fact that the growing number of transactions with BTC has not yet positively affected the cost of Bitcoin, this trend still signals a wider spread of the digital currency than in previous years, the analyst believes.
Publication date 06/03/2019
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