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Bitcoin users also made up a large share of the total U.S. bitcoin market in March, according to CoinDesk.
While the growth in bitcoin usage in the U.K. and other European countries has been more muted, bitcoin usage elsewhere is growing as the U,S.
and China struggle to contain the explosive growth of digital currencies.
There were about 30 million bitcoin users in March according to a CoinDesk analysis, which also found that there were a record number of bitcoin-related transactions in March.
According to CoinMarketCap, there were about 6.5 billion bitcoin in circulation as of March 1, a number that has more than doubled since the end of February.
The data also show that bitcoin usage grew more slowly in the second half of last year, as some users have begun to withdraw their bitcoins and have stopped using the cryptocurrency.
But the growth has slowed as the digital currency has become more widely accepted by consumers, and as bitcoin’s value has risen.
A number of countries are seeing large spikes in bitcoin trading volumes, such as China and Japan, as they become increasingly dependent on the cryptocurrency to support their economies.
The U.k. has been experiencing a surge in bitcoin trade volume and usage, which has pushed up the price of bitcoin in the country, which is a key factor in attracting investment in the currency.
Japanese Prime Minister Shinzo Abe has also warned that Japan’s banking system is vulnerable to bitcoin attacks.