The volume of transactions in the Bitcoin network has recovered to the levels of November 2017

in #crypto-news • 5 years ago

According to Bitcoin Visuals, the volume of transactions on the Bitcoin network reached the end of November 2017.

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Then, just a month before the historical maximum, the first cryptocurrency was trading above $ 8,000.

In November 2017, as well as at present, the Bitcoin network processed about 330 thousand transactions a day:

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Despite the increase in blockchain activity, the share of SegWit transactions is gradually decreasing (green line). The share of such transactions in the total volume is now at 35%, which roughly corresponds to the figures for the beginning of May last year.

The average commission for a bitcoin transaction is now $ 0.12. In November, this figure was at $ 10, and when Bitcoin was near the price maximum at $ 20,000, the size of the transaction commission reached $ 50.

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#bitcoin #busy
5 years ago in #crypto-news by
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