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

Source: The Block 2020-07-06

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. That report also noted that BTC trading volumes on The Block 22 exchanges rose a modest 3% during the same period.

The Block

Bitcoin

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

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