Cryptocurrency Experiences 65% rise in Commerce After So-Called “Crypto Winter”
insidebitcoins.com
The commerce suffered just as much as most other sectors of the crypto industry during the “winter” period but slowly started to pick itself up in 2019. Bitcoin Core (BTC) managed to triple in value and smashed past the $12 000 marks in July as well.
While the study admits that the overall amount of crypto used in commerce is relatively small, it still managed to grow $2.5 million in daily volumes, totaling $5.5 million every day on average. The company expects continued growth as they add new types of crypto like the popular Ripple (XRP) and Ether (ETH), says Jan Jahosky, a spokesperson of Bitpay.
Read in Full: insidebitcoins.com
