![]() ![]() ![]() However, Ethereum has still experienced massive growth in the past couple of years. The price of Bitcoin is over $21,000 more than the price of Ethereum as of 2023.Ĭompared to the over $23,000 price of Bitcoin, Ethereum costs closer to $1,600 as of 2023. There are vastly more transactions of Ethereum per day than the larger crypto Bitcoin because people tend to hold onto their Bitcoin due to its history of skyrocketing in value as a long-term investment. In comparison, the next most significant cryptocurrency, Ethereum, had 1.212 million transactions on the same day. There were 264,899 Bitcoin transactions on January 6th, 2022. Here is the breakdown of the top five cryptocurrencies by market cap as of February 2023: Five Largest Cryptocurrencies by Market Cap Cryptocurrency These other cryptocurrencies have a significantly lower market cap than Bitcoin, with Ethereum having a market cap of $202 billion compared to Bitcoin’s $457.16 billion market cap. Other than Bitcoin, the most popular cryptocurrencies are Ethereum, Tether USD, BNB, and USD Coin as of February 2023. Many market analysts predict that Bitcoin’s price will reach $100,000. In 2010, the peak price of Bitcoin was $0.09, and today, the cost of Bitcoin is worth over $23,000. The #1 ranked cryptocurrency on the market is Bitcoin (BTC).īitcoin’s market cap is over $457 billion as of February 2023.īitcoin’s price has increased by over 46,449,400% since 2010. Twice as many men as women invest in cryptocurrency.ġ6% of men are involved with cryptocurrency compared to 7% of women.īitcoin was the first decentralized cryptocurrency, created in 2009 by an anonymous developer under the pseudonym Satoshi Nakamoto. Around half of these exchanges are tracked, and the other half are still in their start-up phase. However, there are estimated to be around 504 exchanges today. Its limited regulations make it practically impossible to know the exact number of crypto exchanges in total. The top five crypto exchanges based on traffic, liquidity, and trading volumes are Binance, Coinbase Exchange, FTX, Kraken, and KuCoin.ĭue to the nature of crypto and its lacking regulations in most countries, cryptocurrency exchanges aren’t required to register with a unified authority. However, later in the same month, this massive spike declined after China banned cryptocurrency services. This represented a dramatic increase from two weeks earlier when the daily trading volume was around four billion U.S. On May 19, 2021, the 24-hour trade volume for the entire crypto market peaked at over 500 U.S. This number had grown substantially since 2015 when there were only 3.16 million crypto wallets globally. ![]() The same study found that over half of these individuals did not consider crypto investing a hobby, but alternatively, as a means of income.Īdditionally, the study found that the top three reasons users invest in crypto are to create a long-term investment strategy (55%), a distrust of the current financial system (38%), and short-term trading (31%).Īs of August 2022, there are 84.02 million crypto wallets worldwide. The global blockchain market value is expected to reach $67.4 billion by 2026, with a CAGR of 68.4%.įor further analysis, we broke down the data in the following ways:īitcoin | Cryptocurrencies | Country | Trends and Projectionsĩ7% of users are confident in cryptocurrencies, according to one study. The global blockchain market value is $10.02 billion as of 2022. There are about 45 million American crypto users and 420 million global crypto users as of 2023.ġ6% of Americans state that they have used, invested in, or traded a cryptocurrency. There are approximately 200,000 Bitcoin transactions daily as of November 2022. The top three cryptocurrencies in the world by market cap are Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). There are over 20,000 cryptocurrencies on in circulation. Here are the crypto facts and stats you need to know: Though the first cryptocurrency was only created a mere 13 years ago, the reach and value of digital currencies have soared. Cryptocurrency is one of the most recently-introduced and fastest-growing industries around the globe. ![]()
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