Here's How Bitcoin (BTC) Changes Over the Year

Today Bitcoin (BTC) already eleven years old. Since the 10th anniversary of BTC, its network has grown by two digits.

October 31 is a special day in the world for a number of reasons, but in the crypto world, this is a date that marks the most important event in its history - the publication of "Bitcoin whitepapper". As the famous story goes, Satoshi Nakamoto created the first and most popular cryptocurrency in the world, published his technical paper eleven years ago on this day, and forever (as many believe) changed the course of history, provoked the evolution of technology, changed the perception of traditional financial systems and fiat currency. , which caused discontent among many regulatory authorities and made many additions to our dictionaries.

To mark this event, we decided to take a look at the progress of Bitcoin over time. At the time of this writing, some of its latest metrics were only available on October 30. To get a more accurate picture, we compared the 30-day averages of October 31 a year ago and October October 30. Here is what we got:

  • BTC price increased by 28%.
  • Market capitalization exceeded 150 billion US dollars.
  • The average block size has grown by more than 13%.
  • Hash rate (network processing power) grew by 87%.
  • The number of transactions per day also increased by more than 18%.
  • The average value of transactions increased by almost 31%.
  • Average transaction fee increased by almost 63%.
  • The number of active Bitcoin addresses increased by 7%.
  • Today, the number of tweets with the Bitcoin hashtag has decreased by 42%.

Check all this information in one table:

Metrics October 31st, 2018 October 30th, 2019 Difference
Price, USD 6,504 8,351 28%
Market cap, USD 112.7B 150.3B 33%
Block size, bytes 720,890 727,201 0.9%
Hashrat to 51.2E 95.5E 87%
Transactions 269,608 317,484 18%
Avg. value of transactions, USD 244,449 319,823 31%
Avg. Transaction fee, USD 0.464 0.757 63%
Active adresses 561,265 601,068 7%
Tweets (per day) 29,673 17,064 42%

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