Bitcoin, the use of cryptocurrencies has increased by 880% in the past year

Bitcoin, the use of cryptocurrencies has increased by 880% in the past year

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Bitcoin, the use of cryptocurrencies has increased by 880% in the past year

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Chainalysis, a well-known analysis and research company on blockchain and Cryptocurrency, has published its latest report on the adoption and use of Bitcoin from July 2020 to June 2021 in the world. According to the index created by the famous Blockchain analytics firm, Chainalysis, the adoption of cryptocurrencies by consumers around the world has increased by 880% in the last year. Adoption is calculated by estimating the per capita use of cryptocurrencies, as opposed to the trading volumes of traditional currencies within each country.