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Bitcoin Surpasses Visa And Mastercard In Daily Transaction Volume

All Cryptocurrencies

by COINS NEWS 125 Views

According to the latest Glassnode ~data~, Bitcoin has surpassed Visa and Mastercard in terms of daily transaction volume. At the same time, the volume of unfiltered on-chain transactions of the leading cryptocurrency is $46.4 billion. For comparison, the filtered volume of economic transfers is $6.5 billion.

The recent increase in transaction volume follows the rapid recovery of the ~Bitcoin price~. With a current market capitalization of $1.3 trillion, the leading cryptocurrency is also worth more than Visa and Mastercard. The two largest global credit card giants are valued at $556 billion and $418 billion, respectively.

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