Bitcoin saw its third-highest monthly adjusted on-chain volume in November

Bitcoin's monthly adjusted on-chain transaction volume rose 47% in November compared to the previous period, according to data compiled by The Block Research.

November’s on-chain volume reached $135.72 billion versus $92.09 billion in the previous month. It was the third-most voluminous month, with December 2017 and January 2018 accounting for the highest on an adjusted basis.

December 2017 saw $207.86 billion in adjusted monthly on-chain transaction volume.