By The Numbers: How Does Bitcoin Volume Compare To Visa, Mastercard?
Summary
Glassnode data shows Bitcoin's on-chain transaction volume at $46.4 billion per day, surpassing Visa and Mastercard. This volume includes various on-chain activities, not just economic transfers. When considering economy-based transactions, Bitcoin's combined spot and entity-adjusted volume is $6.5 billion per day, much lower than Visa and Mastercard. Gold and SPX have even higher volumes. Additionally, Glassnode notes a recent drop in the percentage of BTC supply carrying net unrealized profit during a market crash. As of now, Bitcoin is trading at around $65,200, up almost 13% over the past week.
