CoinGecko reveals the US state most interested in Bitcoin and Ethereum

Behind this western US state, Illinois and New York were the next most interested states in the top two cryptocurrencies.
New
The Golden State of California is perhaps the most curious US state about Bitcoin (BTC) and Ether (ETH), new data from CoinGecko has revealed.

In a report shared by CoinGecko, Internet users in California accounted for 43% of all Bitcoin and Ethereum web traffic searches on the crypto tracking website. This is despite the fact that the entire population of the state is only 11.9% of the population of the United States.

Bobby Ong, COO and co-founder of CoinGecko, said it was “not surprising” that California took the crown in the interest of blue chip cryptocurrencies, being given its place as a "major technological center".

California is also home to Silicon Valley, one of the largest centers of technology and innovation in the world.

Some of the largest companies located in Silicon Valley to have invested in blockchain-based applications and crypto startups include Apple, Google, Meta, PayPal, and Wells Fargo.

Centralized Exchange Coinbase was one of the first major crypto companies to be headquartered in California, although it no longer does. The Graph, Helium, MakerDAO and dYdX are some of the latest Web3 projects present in the Golden State.

Many prestigious universities with excellent engineering and technology departments are also located in California, such as Stanford University, California Institute of Technology, and University of California, Berkeley.

CoinGecko also noted that other states with strong interest in the two cryptocurrencies are Illinois, New York, Florida, and Washington, followed by Pennsylvania, Texas, Virginia, Georgia, and Arizona.

Top 10 US States with Most Bitcoin and Ethereum webpage traffic. Source: CoinGecko
In the top 20 states, most searches on the website seemed to favor Bitcoin. However, the data revealed that four particular states saw more searches for Ethereum than its competitor.

"What is particularly...

Crypto Sep 1, 2022 0 72 Add to Reading List

CoinGecko reveals the US state most interested in Bitcoin and Ethereum

Behind this western US state, Illinois and New York were the next most interested states in the top two cryptocurrencies.

New

The Golden State of California is perhaps the most curious US state about Bitcoin (BTC) and Ether (ETH), new data from CoinGecko has revealed.

In a report shared by CoinGecko, Internet users in California accounted for 43% of all Bitcoin and Ethereum web traffic searches on the crypto tracking website. This is despite the fact that the entire population of the state is only 11.9% of the population of the United States.

Bobby Ong, COO and co-founder of CoinGecko, said it was “not surprising” that California took the crown in the interest of blue chip cryptocurrencies, being given its place as a "major technological center".

California is also home to Silicon Valley, one of the largest centers of technology and innovation in the world.

Some of the largest companies located in Silicon Valley to have invested in blockchain-based applications and crypto startups include Apple, Google, Meta, PayPal, and Wells Fargo.

Centralized Exchange Coinbase was one of the first major crypto companies to be headquartered in California, although it no longer does. The Graph, Helium, MakerDAO and dYdX are some of the latest Web3 projects present in the Golden State.

Many prestigious universities with excellent engineering and technology departments are also located in California, such as Stanford University, California Institute of Technology, and University of California, Berkeley.

CoinGecko also noted that other states with strong interest in the two cryptocurrencies are Illinois, New York, Florida, and Washington, followed by Pennsylvania, Texas, Virginia, Georgia, and Arizona.

In the top 20 states, most searches on the website seemed to favor Bitcoin. However, the data revealed that four particular states saw more searches for Ethereum than its competitor.

"What is particularly...