Worldwide crypto users exceed 320 million

According to analysts, the rapid spread of digital assets was fueled by the bitcoin rally in 2021

27.08.2022 - 08:30

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What’s new? According to Triple A research, more than 320 million people worldwide own cryptocurrency, representing 4% of the world’s population. The spread of digital assets around the world has accelerated over the past few years, according to analysts. They say the 2021 bitcoin rally, when the price reached an all-time high (ATH) of $69 000, contributed to this, sparking an influx of retail and institutional investors.

Research by Triple A

Which countries lead the list? According to Triple A, the United States is one of the leaders in the speed of cryptocurrency adoption, with more than 46 million people owning digital assets in the country. A total of 13,74% of the country’s total population are cryptocurrency users. Also, more than 80% of all crypto ATMs existing in the world are located in the United States.

In second place is India. The country has more than 27,4 million cryptocurrency users, which is only about 2% of the total Indian population. Pakistan ranks 3rd with more than 26,4 million crypto users, which is 11,5% of the total population.

In terms of demographics, 63% of cryptocurrency owners are male and 37% are female. According to the research, 71% of those surveyed have a bachelor’s degree or higher, and the average income of digital asset owners is $25 000.

In July, the Pew Research Center conducted a survey of adult cryptocurrency investors in the United States in July 2022. The findings showed that 46% of respondents who had ever invested, traded, or used cryptocurrency were dissatisfied with the results of their actions.

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