More than $180 billion in bitcoin was transacted on-chain during 2020's Q2

Ecosystems•July 3, 2020, 9:40AM EDT
UPDATED: July 4, 2020, 11:22AM EDT
More than $180 billion in bitcoin was transacted on-chain during 2020's Q2

The value transaction on the bitcoin network saw a small increase between the first and second quarters of 2020.

As shown in the chart below, in the second quarter of 2020, users transacted more than $180 billion in bitcoins. That amounts to an average of $1.98 billion per day.

Source: Coin Metrics, The Block Research

The data pointed was included in a second-quarter rundown of bitcoin network data compiled by The Block's Steven Zheng.

Read the full Q2 breakdown here.

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