Data analysis: the transaction volume on the Bitcoin chain has dropped for the second consecutive month

According to the analysis of on-chain data, in January 2020, the transaction value on the Bitcoin chain was 27104092.46 BTC, which was a decrease of 9.50% compared to 29950325.13 BTC in December 2019. The month is down. In January 2020, the actual transaction amount on the Bitcoin chain was 18047330.32 BTC, which was a decrease of 2.30% compared to 18471757.71 BTC in December 2019. In January 2020, the total number of transactions on the Bitcoin chain was 9,582,599, which was slightly 1.79% higher than the number of 9,914,206 in November.