Bitcoin transaction values to triple this year
A new study from Juniper Research (www.juniperresearch.com) has found that the total value of Bitcoin transactions is expected to exceed $92 billion this year, up from less than $27 billion in 2015. The research found that transaction volumes continued to be concentrated overwhelmingly on the exchanges, with Bitcoin now trading at values almost 50% higher than at the beginning of the year.
According to the new research, the rise in values could be attributed to three key factors: