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Bitcoin still dominates total payments on BitPay despite the bear market

2022.09.20 16:08

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Bitcoin still dominates total payments on BitPay despite the bear market

The cryptocurrency bear market has had an impact on how people pay with crypto, but (BTC) remains a major payment tool despite huge volatility, according to data from BitPay.

The share of Bitcoin payments in the total BitPay transactions has been shrinking amid the ongoing cryptocurrency winter, but it’s still the most popular cryptocurrency for payments on the platform.

Crypto sales volumes and transactions on BitPay. Source: BitPayBitcoin dominance in crypto payments. Source: BitPay

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