Total Value of Bitcoin Sent to Darknet Markets Increased by 70% in 2018: Report
Cointelegraph
Published Jan 19, 2019 07:58AM ET
Updated Jan 19, 2019 09:01AM ET
Total Value of Bitcoin Sent to Darknet Markets Increased by 70% in 2018: Report
During last year the value of Bitcoin (BTC) sent to darknet markets increased by 70 percent, according to a Chainalysis report published on Jan. 18.
The Chainalysis report points out that darknet activity is relatively not influenced by Bitcoin’s price action and does not necessarily drop when the price drops. According to the data contained in the report, in 2018 the relationship between the value of darknet market transactions and Bitcoin’s market performance was inverse.
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Written By: Cointelegraph
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