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Bitcoin’s adjusted on-chain volume in October hit its highest level since July 2019

Bitcoin’s adjusted on-chain volume in October hit its highest level since July 2019: As reported by The Block, “Network data shows that adjusted on-chain transaction activity on the Bitcoin network hit its highest level in October since last summer.  As shown in the chart below, the adjusted on-chain volume reached $92.09 billion — an increase […]

By Chris Sykora · November 2, 2020
Bitcoin’s adjusted on-chain volume in October hit its highest level since July 2019

Bitcoin’s adjusted on-chain volume in October hit its highest level since July 2019:

As reported by The Block, “Network data shows that adjusted on-chain transaction activity on the Bitcoin network hit its highest level in October since last summer. 

As shown in the chart below, the adjusted on-chain volume reached $92.09 billion — an increase from September’s $77.69 billion.

 

October’s figure represents the highest level since July 2019, when the adjusted on-chain volume came in at $93.45 billion.

Read the full story at The Block.