Bitcoin transaction value exceeded $ 180 billion in the second quarter

According to The Block, in the second quarter of 2020, transactions worth more than $ 180 or almost $ 2 billion every 24 hours were made on the bitcoin network.

The study showed that compared toIn the previous period, the level of commissions for transactions increased by 136%, and exchange activity – by 3%. At the same time, the Lightning Network saw an influx of cryptocurrency, causing the network's Layer 2 capacity to reach a yearly high.

The Block also notes that over the past 12 months, the number of addresses where BTC is stored for at least a year has grown by 22% and in June reached20.3 million

At the same time, Bitcoin is less and less often compared to digitalanalogous to gold, not only due to high volatility, but also due to increased correlation with the S&P 500 index. The June average was 65.8%, with a maximum of 66.2% on the last day of the month.

Earlier, we also reported that the return on investment in the military-technical cooperation over the past five years is 70 times higher than that of stock markets.

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