The adjusted on-chain volume of Bitcoin and Ethereum hit a 30-month high in August – Yahoo Finance

The total adjusted on-chain volume of Bitcoin and Ethereum reached a 30-month high during the month of August.

Source: Coin Metrics, The Block Research

Combined, the total adjusted on-chain volume for the two networks grew 38.3% month-over-month, as noted in a by-the-numbers breakdown for August produced by The Block Research.

Bitcoins total adjusted on-chain volume grew by 22.5%, from $66.1 billion in July to $80.9 billion in August, while Ethereum saw an increase of 81.7%, increasing from $24 billion in July to $43.5 billion in August.

Bitcoins on-chain volume was 1.85 times more than Ethereums on-chain volume last month, according to the report.

2020The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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The adjusted on-chain volume of Bitcoin and Ethereum hit a 30-month high in August - Yahoo Finance

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