80 Cryptocurrency Statistics to Highlight 2024 Crypto Trends

Cryptocurrency, also known as crypto-currency or crypto, is a form of virtual or digital money that employs encryption to safeguard transactions. Governments and other central regulatory bodies cannot regulate cryptocurrencies. 

Conceptually, crypto operates outside of the banking system using several brands of coins, with Bitcoin as the main component. When you retain cryptocurrencies, you don't own anything. You hold the secret to moving information or units of measurement between individuals without the need for a go-between.

In contrast to actual physical coins, payments made with cryptocurrencies only exist as digital entries on a blockchain that list individual transactions. 

A public ledger logs all transactions, but many traders use cryptocurrency wallets to store their tokens. 

Top cryptocurrency statistics

Cryptocurrency is one of the newest and fastest-growing industries in the world. Although the first cryptocurrency was developed thirteen years ago, the use and value of digital currencies have increased substantially. 

For a greater understanding of crypto, you should know these figures and facts.

• India is currently the largest market for cryptocurrencies, with the US coming in second. 
• 97% of people believe Bitcoin is an investing tool, and 55% believe it’s a long-term wealth-building strategy.

• Since Bitcoin's launch, more than 21,000 other cryptocurrencies have developed and followed in its footsteps. In terms of value, Tether is number one, followed by Ethereum and then Bitcoin.
• As of January 3, 2023, the value of cryptocurrencies was estimated to reach $804 billion, with Bitcoin accounting for about $320 billion.
• The global market for online payments is projected to reach $16.62 trillion by 2028.
• As of January 3, 2023, the Bitcoin blockchain was 446 terabytes in size, nearly doubling from just three years prior.
• 40% of American adults own cryptocurrency in 2024
• 63% of crypto owners hope to obtain more cryptocurrency over the next year. Their most desired currencies are Bitcoin, Ethereum, Dogecoin, and Cardano.
• As of March 2023, the market value of Bitcoin was $524.35 billion.
• In March 2023, the total market value of all cryptocurrencies reached $1.17 trillion.
• In 2024, 29% of crypto ownership belongs to women, a jump from 18% in the previous year.
• Bitcoin remains the most popular cryptocurrency in 2024, standing at 76% share. This is followed by Ethereum (ETH) at 54% and Dogecoin (DOGE) at 26%.
• In March 2024, the seven-day moving average volume of cryptocurrency trades reached $100.27 billion.
• Money has poured into the newly created Bitcoin ETFs in early 2024, helping to push the price of Bitcoin to a new all-time high above $73,000 in March.

General cryptocurrency statistics

Although many of us still need to learn about investing in cryptocurrencies, one of the key features that makes this steadily expanding tech so attractive is that transactions made can be made without the government limitations that apply to fiat money. Regulations are commonly accused of impeding efficient transactions and serving the system rather than investors’ interests. 

• Since June 2013, hackers have stolen over $75 billion in cryptocurrencies.
• 53% of small businesses are likely to seek our crypto-savvy job applicants.
• The largest single assault occurred in May 2022, when a bank run cost Terra Classic $40 billion. But by February 2023, $6 billion had been retrieved.
• 84% of the blockchain patents in the world are from China.
• The cost of one bitcoin is currently $69,044.77.
• 27 million people in India are Bitcoin owners. 
• Gen X crypto buyers outspend Gen Z and millennial buyers at an average of $9,611
• 75% of crypto owners view it as investment.

• Every two seconds, a social media post about cryptocurrencies is published.
• The cryptocurrency trading volume dropped to $47.1 billion per day.
• According to 67% of millennials, Bitcoin is a safe-haven asset.
• 'Trading volumes for crypto investment products have increased by 127%.
• As of August 2022, there are 84.02 million cryptocurrency wallets worldwide.
• The global cryptocurrency market is anticipated to expand at a compound annual growth rate (CAGR) of 56.4% by 2025.
• By 2030, the tokenized asset market is expected to hit $16 trillion – the size of the EU’s GDP today 
• A record 43% of non-crypto owners are likely to invest in cryptocurrency within the next year.

Crypto investor statistics

For many buyers, the primary draw of cryptocurrencies is the ability to invest in cutting-edge digital assets. While some invest in cryptocurrencies for short-term speculation, others see it as diversifying their holdings away from more conventional assets like stocks, bonds, or real estate. These crypto statistics will show you the current investment trends.

• Men comprise over 70% of Bitcoin owners, and women comprise 30% of cryptocurrency owners.
• 36% of people say that security concerns are their major reason for not investing in cryptocurrency, 35% don't know what to do with it, and 33% don't understand how to buy cryptocurrency. 
• 28% of people haven't invested in crypto due to the lack of a clear regulatory framework.
• High-income earners are disproportionately represented among cryptocurrency investors in the United States, with those making $100,000 or more per year making up 25% of crypto owners but just 15% of the general population.
• As of September 2022, Vietnam is placed first on Chainalysis's global crypto adoption index, closely followed by the Philippines and Ukraine.
• In Q1 2024, venture capitalists invested $2.49bn (+29% QoQ) into crypto and blockchain-focused companies across 603 deals.

• The typical cryptocurrency investor makes about $111,000 a year.
• The infrastructure category raised the largest share of crypto VC capital in Q1 2024.
• The rate of adoption of cryptocurrencies is highest 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 claim to be uninterested in cryptocurrencies.
• Globally, there are 37,368 cryptocurrency ATMs as of February 2023. Owners can now trade their cryptocurrency for cash in 79 different nations. 
• In May 2022, 44.4% of Bitcoin owners reported expecting an improvement in their finances over the following year, compared to only 27.1% of all American people and 29.5% of those with high incomes. 
• Just 18.6% of Americans with annual incomes under $50,000 are cryptocurrency owners.

Cryptocurrency statistics by industries

Companies all across the world are currently accepting various cryptocurrencies in transactions. A relentless drive toward a decentralized financial system to balance out fiat money is taking place right now. These statistics will be helpful for your upcoming move in the cryptocurrency market.

• More than 85% of US businesses prioritize allowing cryptocurrency payments.
• Customers who use cryptocurrencies spend $250 more on each transaction than typical customers.
• By 2025, the worldwide market for luxury goods 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 are under-40 millennials and members of Generation Z.
• According to projections, digital cross-border remittances will reach $428 billion in 2025.
• 15.8% of remitters already send money using cryptocurrencies.
• Traditional remittance techniques are 388 times slower and 127 times more expensive than cryptocurrency transmission.

• The gaming industry was valued at $249.55 billion in 2022 and is expected to reach $340 billion by 2027.
• In the future, 48.6% of Bitcoin owners want to use their coins for online gaming or gambling.
• More Bitcoin ATMs are located in Los Angeles than in any other US city.
• 44% of non-crypto owners may consider investing in crypto through their retirement accounts.
• 81% of crypto owners would consider getting a credit card with crypto rewards.

Cryptocurrency trading statistics

Trading cryptocurrencies provides more liquidity because cryptocurrencies are easier to buy and sell than conventional investments or other types of assets. The entry hurdle to using cryptocurrencies is also lower because you only need a little money to start. 

The following cryptocurrency trading statistics will give you an idea of crypto trading factors.

• The largest cryptocurrency exchange is Binance, followed by Coinbase Exchange ($1.6 billion) and Kraken ($0.98 billion).
• Every 24 hours, users of Binance transact $20.37 billion worth of cryptocurrencies.
• Approximately 110 million customers of the cryptocurrency trading platform Coinbase are verified.
• More than 37.3% of all crypto deals in Q1 2024 involved a company headquartered in the United States. Singapore had 10.8%, the United Kingdom had 10.2%, Switzerland had 3.5%, and Hong Kong had 3.2%

• Two-thirds of all Bitcoin hedge funds worldwide have headquarters 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 just a little behind.
• Over $59.6 billion in assets are managed by cryptocurrency funds.
• Only 7% of crypto companies have assets worth $100 million. 39% of businesses have under $10 million.
• Crypto funds that employ venture/ICO methods produce returns of 31.2%.

Cryptocurrency mining statistics

Although crypto mining uses so much computational power, it keeps a blockchain network secure. Read these statistics for an overview of current crypto mining trends.

• The typical Ethereum mining setup generates $4,854.50 in revenue annually.
• According to a survey conducted by Real Research Media, 68.44% of respondents believe that Bitcoin will reach $100,000 in 2024.
• More than 90% of all Bitcoins have already been mined.
• The United States is where 38% of all Bitcoin mining takes place.
• The top 10 countries for Bitcoin mining represent 93.8% of the entire network by hash rate, with the U.S., China, and Kazakhstan rounding out the top three.
• A single Bitcoin transaction uses 2,264 kWh of actual energy. 
• If Bitcoin were a nation, it would have the 23rd-highest energy consumption rate.
• The carbon footprint of Bitcoin, which is 77 megatons of CO2, is similar to that of Kuwait.

Invest intelligently with caution

Cryptography protects cryptocurrencies. However, it’s a new technology, so some speculation can exist. Before investing, you should be aware of the risks.

Start modestly and diversify your holdings owing to the high volatility of cryptocurrency. Alternatively, don't put all of your eggs in one basket. It's beneficial if, as a beginner, you initially follow the advice of experts and progressively develop your knowledge by studying the subject. 

Understand your country's past and current cryptocurrency policies. These above statistics would help you make wise decisions on how to make use of cryptocurrencies. 

Ready to dive into the crypto space? Check out the best crypto mining software to start earning rewards today.

This article was originally published in 2023. It has been updated with new information.