Over the past year, the amount of bitcoin transactions is $ 673 billion
In 2019, Bitcoin users sent cryptocurrencies worth $ 673 billion, which is equal to 92 million BTC. This value is approximately 89% of the previous year.
Nevertheless, this value is 4 times higher than the sum of all transactions for 7 years before the start of the unprecedented popularity of the “first cryptocurrency”, that is, from 2009 to 2016. It is worth noting that transactions between the wallets of one user, or other similar token transfers, were deleted from the calculations. At the moment, the total amount of Bitcoin transactions significantly exceeds that of all other coins. For example, the annual turnover of the second cryptocurrency by capitalization Ethereum is almost 8 times less.
The dollar equivalent of all transactions is directly proportional to the cryptocurrency exchange rate and its capitalization.