Bitcoin TPS and Usage Skyrockets, Nears Record High 3.87

[Goodcat49]

The Bitcoin (BTC) transaction rate is now approaching its highest peak since December 2017 notwithstanding the one-year long bear market. The transaction per second for Bitcoin, the flagship cryptocurrency, is gradually increasing and is also seeing a recovery in both real use, particularly in the developing markets, and BTC’s Google search trends are rising because of the latest skyrocketing rally.

Some nations facing the problem of hyperinflation like Venezuela have seen Bitcoin trading volumes hike to unsurpassed highs. The citizens of Venezuela are largely adopting BTC to preserve their wealth since Bolivar is now down and worthless because of thrilling inflation.

Currently, millennials seem to be very optimistic with cryptocurrencies in place of purchasing traditional stocks, according to the Feb 19, 2019 eToro survey. More than 70% of the young investors who participated in the survey revealed they would love to invest in cryptocurrency if it was provided by traditional banks.

More than 90% of the millennial digital currency traders responding to the survey revealed that:

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-usage-skyrockets/