70 Cryptocurrency Stats to Highlight Crypto Trends

Cryptocurrency, also known as cryptocurrency or cryptocurrency, is a form of virtual or digital currency that uses encryption to protect transactions. Governments and other central regulators cannot regulate cryptocurrencies.

Conceptually, crypto works outside of the banking system using multiple brands of coins, with Bitcoin as the main component. When you hold cryptocurrencies, you own nothing. You hold the secret to moving information or units of measurement between individuals without the need for an intermediary.

Unlike actual physical coins, payments made with cryptocurrencies only exist as digital inputs on a blockchain that lists individual transactions.

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

G2 Grid® for Cryptocurrency Wallets

Key Cryptocurrency Statistics

Cryptocurrency is one of the newest and fastest growing industries in the world. The use and value of digital currencies has grown dramatically, although the first cryptocurrency was developed thirteen years ago.

For a better understanding of crypto in 2023, you need to know these numbers and facts.

India is currently the largest market for cryptocurrencies, with the United States coming second. 97% of people believe Bitcoin is an investment tool and 55% believe it is a long term wealth building strategy.

of crypto owners in the US are millennials, who make up 30% of the population.

Source: Morning Consultation

Over 21,000 other cryptocurrencies have developed and followed in Bitcoin's footsteps since its launch. In terms of value, Tether is number one, followed by Ethereum, then Bitcoin. As of January 3, 2023, the value of cryptocurrencies was estimated at $804 billion, with bitcoin worth around $320 billion. The global online payments market reached $6.75 trillion in 2021. The Bitcoin blockchain is 446 terabytes in size as of January 3, 2023, almost double from just three years ago. In September 2021, 86% of Americans were at least somewhat familiar with cryptocurrency. Daily Bitcoin transactions peaked in September 2022 at 268,971. In 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 September 2022, the average daily volume of cryptocurrency transactions reached $103 billion. The price of Bitcoin jumped over 540,000% between 2012 and 2021. General Cryptocurrency Statistics

While many of us still need to learn how to invest in cryptocurrencies, one of the key features that makes this ever-expanding technology so appealing is that transactions made can be done without the restrictions governmental regulations that apply to fiat currency. Regulations are generally accused of hampering the efficiency of transactions and of serving the system rather than the interests of investors.

Since June 2013, hackers have stolen over $75 billion in cryptocurrencies. Approximately $15 billion worth of cryptocurrency was misappropriated through scams, hacks, and exploits in December 2020. This figure has increased significantly to $75.09 billion in February 2023. The biggest single attack happened in May 2022, when a banking operation cost Terra Classic $40 billion. But by February 2023, $6 billion had been recovered. 84% of blockchain patents in the world come from China. The cost of one bitcoin is currently $69,044.77. 27 million people in India own Bitcoin. In June 2021, Ethereum and Wrapped Ethereum (WETH) represented 45% of the value of crypto transactions in France, while Bitcoin landed at 20%.

new cryptocurrencies are generated every week.

Source: CoinMarketCap

Every two seconds, a social media post about cryptocurrencies is released.