70 Cryptocurrency Statistics to Analyze Crypto Trends

Cryptocurrency, also known as crypto-currency or crypto, is a type of real or digital currency that uses encryption for security. Governments and other central regulatory agencies cannot regulate cryptocurrencies.

Conceptually, crypto works outside of banks using multiple forms of currency, with Bitcoin as the main component. When you hold cryptocurrencies, you own nothing. You have the ability to move information or measurements between people without needing to go through the middle.

Unlike real money, payments made with cryptocurrencies only exist as digital records on the blockchain that record individual transactions.

A public ledger keeps track of all transactions, but many traders use it cryptocurrency wallets to keep their marks.

Top cryptocurrency statistics

Cryptocurrency is one of the newest and fastest growing industries in the world. The use and value of digital currencies has grown exponentially, even though the first cryptocurrency was created thirteen years ago.

To better understand crypto in 2023, you need to know the facts and figures.

• India is currently the largest market for cryptocurrencies, with the US coming in second.
• 97% of people believe that Bitcoin is an investment tool, and 55% believe that it is a long-term way to build wealth.

• More than 21,000 cryptocurrencies have created and followed in the footsteps of Bitcoin since its inception. In terms of value, Tether is number one, followed by Ethereum, and then Bitcoin.
• By January 3, 2023, the value of cryptocurrencies is expected to reach $804 billion, with Bitcoin accounting for approximately $320 billion.
• The global online payment market will reach $6.75 trillion in 2021.
• The Bitcoin blockchain is 446 terabytes in size as of January 3, 2023, almost double from three years ago.
• As of September 2021, 86% of Americans were familiar with cryptocurrencies.
• Daily Bitcoin transactions peaked in September 2022 at 268,971.
• As of March 2023, the market value of Bitcoin was $524.35 billion.
• In March 2023, the total market value of cryptocurrencies reached $1.17 trillion.
• In September 2022, the average daily cryptocurrency trade reached $103 billion.
• The value of Bitcoin rose more than 540,000% between 2012 and 2021.

General cryptocurrency statistics

While many of us still need to learn about investing in cryptocurrencies, one of the most important things that make this growing technology so attractive is that investments can be made without the government restrictions that affect fiat currencies. Regulations are often accused of hindering fair trade and supporting the system rather than the interests of investors.

• Since June 2013, hackers have stolen more than $75 billion in cryptocurrencies.
• About $15 billion of cryptocurrency has been misused through scams, corruption, and scams as of December 2020. This has increased to $75.09 billion by February 2023.
• The biggest risk occurred in May 2022, when the bank destroyed Terra Classic $ 40 billion. But by February 2023, $6 billion had been repaid.
• 84% of the world’s blockchain patents are from China.
• The price of one bitcoin is currently $69,044.77.
• 27 million people in India are Bitcoin owners.
• In June 2021, Ethereum and Wrapped Ethereum (WETH) accounted for 45% of the value of crypto transactions in France, while Bitcoin reached 20%.

• Every two seconds, a social media post is published.
• The volume of cryptocurrency trading fell to $47.1 billion per day.
• According to 67% of millennials, Bitcoin is a safe place.
• The trading volume for crypto currency trading has increased by 127%.
• The 24-hour trading volume of the entire crypto market peaked on May 19, 2021, reaching $500 billion.
• As of August 2022, there are 84.02 million cryptocurrency wallets worldwide.
• Between 2019 and 2025, the global cryptocurrency market is expected to grow at a compound annual growth rate (CAGR) of 56.4%.

Crypto investor statistics

For many consumers, the main benefit of cryptocurrencies is the ability to invest in digital assets. While some invest in cryptocurrencies for short-term speculation, others see it as an exchange of their holdings away from traditional assets such as stocks, bonds, or real estate. These crypto statistics will show you how the money is going.

• Men make up over 70% of Bitcoin owners, and women make up 30% of cryptocurrency owners.
• High earners are disproportionately represented among cryptocurrency investors in the United States, with those making $100,000 or more a year making up 25% of crypto owners, but only 15% of the general population.
• As of September 2022, Vietnam was ranked first on Chainalysis’s global crypto adoption index, closely followed by the Philippines and Ukraine.

• The average cryptocurrency investor makes about $111,000 a year.
• The rate of adoption of cryptocurrencies is very high in Nigeria.
• According to data from 2022, 45% of Nigerians own or use cryptocurrencies.
• 77% of crypto owners in America use Bitcoin.
• 18% of college students in America own cryptocurrency.
• 66% of Americans say they are not interested in cryptocurrencies.
• Worldwide, there are 37,368 cryptocurrency ATMs as of February 2023. Owners can now exchange their cryptocurrency money in 79 different countries.
• In May 2022, 44.4% of Bitcoin owners said they expect a change in their finances in the next year, compared to only 27.1% of all Americans and 29.5% of high net worth individuals.
• Only 18.6% of Americans with an annual income under $50,000 own cryptocurrency.

Cryptocurrency statistics and industries

Companies around the world are accepting different cryptocurrencies in practice. The relentless pursuit of a stable financial system to devalue fiat money is happening right now. These statistics will help you in your upcoming journey in the cryptocurrency market.

• Over 85% of US businesses prioritize allowing cryptocurrency payments.
• Customers who use cryptocurrencies spend $250 more per transaction than regular customers.
• By 2025, the global luxury goods market is expected to rise to $1.4 trillion from $1.2 trillion, with millennials accounting for 50% of the market.
• 94% of all cryptocurrency purchases in 2021 were under the age of 40 and members of Generation Z.
• According to the forecast, digital cross-border payments will increase from $295 billion in 2021 to $428 billion in 2025.
• 15.8% of senders already send money using cryptocurrencies.
• Traditional money transfer methods are 388 times slower and 127 times more expensive than sending cryptocurrencies.

• The gaming industry was valued at $249.55 billion in 2022 and is expected to reach $340 billion by 2027.
• In 2021, 25.1% of Bitcoin owners bought cryptocurrency for online gaming or gambling.
• In the future, 48.6% of Bitcoin owners want to spend their money on online games or gambling.
• Los Angeles has more Bitcoin ATMs than any other US city.

Cryptocurrency trading statistics

Trading cryptocurrencies offers high returns because cryptocurrencies are easier to buy and sell than traditional currencies or other types of assets. The difficulty of entering the use of cryptocurrencies is also low because you only need a small amount of money to get started.

The following cryptocurrency trading statistics will give you an idea of ​​what crypto trading is all about.

• The largest cryptocurrency exchange is Binance, followed by Coinbase Exchange ($1.6 billion) and Kraken ($0.98 billion).
• Every 24 hours, Binance users transact $20.37 billion worth of cryptocurrencies.
• About 110 million customers of the cryptocurrency trading platform Coinbase have been confirmed, up from 23 million in 2018.

• Two-thirds of all Bitcoin hedge funds worldwide are headquartered in the US or the Cayman Islands.
• The tax-friendly Cayman Islands are home to 34% of all cryptocurrency hedge funds worldwide. With 33%, the United States is a little behind.
• More than $59.6 billion in assets are managed by cryptocurrency.
• Only 7% of crypto companies have over $100 million in revenue. 39% of businesses have less than $10 million in revenue.
• Crypto currencies that use business methods / ICO bring a return of 31.2%.

Cryptocurrency mining statistics

Although crypto mining uses a lot of computing power, keeps the blockchain network secure. Read these statistics to get an overview of the current state of crypto mining.

• Ethereum mining setup generates $4,854.50 in annual revenue.
• More than 90% of all Bitcoins have already been mined.
• The United States is where 38% of all Bitcoin mining takes place.
• China held the largest number of Bitcoin mines in the world until July 2021. China’s decision to restrict the use of cryptocurrency has led to the US usurping China as the first place.
• A single Bitcoin transaction uses 2,264 kWh of real energy.
• If Bitcoin were a world, it would have the 23rd highest energy consumption rate.
• Bitcoin’s carbon footprint, which is 77 megatons of CO2, is the same as that of Kuwait.

Invest wisely and carefully

Cryptography protects cryptocurrencies. However, it is a new technology, so some guesses may exist. Before investing, you should know the risks.

Start modestly and diversify your savings due to cryptocurrency volatility. Alternatively, don’t put all your eggs in one basket. It is beneficial if, as a beginner, you follow the advice of experts and gradually develop your knowledge by studying the subject.

Understand your country’s past and present cryptocurrency laws. The statistics above can help you make smart decisions about how to use cryptocurrencies.

Find out more about the best crypto mining software creating new and adding blocks to the existing blockchain.