The volume of Bitcoin transactions has increased by 63%


The daily volume of Bitcoin transactions increased to the point which was in October 2017. It should be noted that it was bullish trend time.
According to the Transactionfee.info, the daily volume of Bitcoin online-transactions has raised by 63% during the last ten months.


But, the SegWit-transactions part is still at 40% level, as well as a half year ago.
But we can see the growth of the Lightning Network (Layer 2 payment protocol).

5536 LN node is working in the above-mentioned network now and transmitting 544 Bitcoins ($2 m) through 20 888 payment channels.
2018 wasn`t so bad as you thought
According to the Satoshi Capital Research, the Bitcoin network processed transactions amounted to approximately $3,2 bn. It is less just by 8,23% ($300 m) that was in 2017 which was rather convenient for Bitcoin investors.
So, what are we waiting for?
Scup founder and cryptocurrency analyst Renato Shirakashi is sure that current BTC transactions dynamic seems like at the turn of 2014-2015 when the bear trend was going to its end.
The market probably has touched the real bottom. Also, he added that the online activity might go down in the coming weeks. So, we can monitor the Bitcoin's rollercoaster ride during the next few months and wait for a bullish trend after it.
If you want to know more about Bitcoin and other cryptocurrencies, visit GMOTrading site.
**Investors should have experience and understand the risks of losing all the initial investment.

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