Report: Commercial payments based on cryptocurrency surged 65% in 7 months

Commercial payments driven by cryptocurrencies began to grow again. The data collected by Chainanalysis shows that the volume of transactions in the first half of this year has increased significantly. This positive change is consistent with the significant market recovery following the long encrypted winter of last year. After a frustrating month in 2018, cryptocurrency-based businesses began to rise again in 2019. According to the data from Chainalysis, the number of cryptocurrencies sent to 16 commercial service providers such as Bitpay increased by 65% ​​between January and July. During the same period, Bitcoin prices tripled to more than $12,000.