Last year was really tough for cryptocurrency investors, especially to Bitcoin. BTC hit its lows near $ 3,200 on December 15, 2018. Since then, it has improved its shape, despite going through periods of volatility.
Bitcoin nearly stagnated, returning to volumes below $ 4 billion a day in December last year and January this year.
However, after April, negotiations with BTC increased and there was no significantly slow period since then. Since July, trading volumes have been consistently close to or above $ 10 billion a day.
The most interesting data is precisely the activity seen in the blockchain. Bitcoin set impressive records in 2019, including the transfer of over $ 8.9 billion in value in just three blocks. Mining also exploded following the end of the bear market, reaching levels reported at 120 quintillion hashes per second.
Today, BTC occupies over 66% of the entire market value of the cryptocurrency industry.
As we can see, after one year, bitcoin price looks in better shape.