Published: March 30, 2022
Cryptocurrencies are still a relatively new form of digital money, so there’s a lack of reliable long-term data to draw upon.
However, we’ve scoured the web for the following cryptocurrency statistics in order to give you some insight into the current state of this digital currency and what the future may hold.
So, keep reading to learn more about this growing virtual money trend!
Top 10 Cryptocurrency Statistics
- People between 18 and 24 years old account for 21% of people interested in buying crypto in the UK.
- China has 65% of the world’s hashing power.
- There are only around two million bitcoins left to be mined.
- It will take you 7.5 days to mine one Ethereum.
- More men own crypto in comparison to women in the UK.
- The first Bitcoin transaction happened in Florida.
- Over 1 in 10 Americans traded in cryptocurrencies in the past year.
- There are over 27 million crypto owners in the US.
- In November 2021, there were almost 80 million Blockchain wallets.
- Bitcoin was invented in 2009, but no one knows who its creator is.
Global Cryptocurrency Stats and Facts
We’ll start things off with some global stats and facts. Continue reading to learn more about this popular digital money!
1. Almost one-fifth of the UK has bought cryptocurrencies before.
As of February 2021, around 19% of people in Britain said they had bought cryptocurrencies before, equating to 9.8 billion people.
Notably, the number of people who bought cryptocurrencies had drastically risen to 103% since 2018, when only 1.5 million people owned crypto.
2. People between 18 and 24 years old account for 21% of those interested in buying crypto in the UK.
Moreover, cryptocurrency demographics from the UK indicate that around 16% of people interested in investing in cryptocurrency are between 25 and 34. At the same time, the age group of 35 to 44 years olds accounts for 12%.
Additionally, 45 to 54-year-olds and those 55 and over are the least interested in buying crypto, at 9% and 6%, respectively.
3. Tether is currently the most traded cryptocurrency.
Cryptocurrency trends in 2022 show that bitcoin is still the most popular virtual money. However, the lesser-known Tether was the most traded cryptocurrency, with $78.44 billion in recent months. Bitcoin landed in second place with $29.7 billion.
Other cryptocurrencies among the top five were: Ethereum, Binance, and USD Coin.
4. There are over 300 million crypto users worldwide.
According to global cryptocurrency users statistics from 2021, over 300 million people used it, and around 18,000 businesses accepted crypto payments. Furthermore, India had the most considerable number of owners (100,740,320).
5. China has 60% of the world’s hashing power.
(Source: Buy Bitcoin Worldwide)
Hashing power is the power your computer uses to solve different hashing algorithms to generate new cryptocurrencies and allow transactions between them.
Some estimates indicate that China has the most hashing power in the world. Current overall cryptocurrency statistics by the University of Cambridge put both the USA and Russia in the second spot at 7%.
6. Turkey has been pro-crypto since 2015.
Even though Turkey’s government has been reluctant to accept cryptocurrencies, people were always for it, as far back as 2015. Around 45% of Turkish people said they believed cryptocurrencies were the future of online purchasing.
7. There are over 10,000 different cryptocurrencies.
According to stats regarding how many cryptocurrencies exist, there are currently 10,397 globally. We can see a big jump between November 2021, when there were 7,557 different cryptocurrencies, and January 2022, when this number reached 9,929.
8. The famous TV show Squid Game’s cryptocurrency shot to over $4 in just four days.
Gamers created an online version of the TV show that you need the Squid Game crypto to play. The currency jumped from one cent to $4.39 in only four days. However, it’s been widely criticized because owners can’t resell their tokens.
9. According to Cryptocurrency facts, it will take you 7.5 days to mine one Ethereum.
(Source: Coin Companion)
Most info on how to mine cryptocurrencies often stresses the importance of having the proper hardware. However, even with the hashing power of 500MH/S, it will take you 7.5 days to mine one Ethereum.
And it will likely become even more challenging as the competition becomes fiercer.
10. Changpeng Zhao is worth $96 billion.
(Source: CNN Business)
The CEO of the cryptocurrency known as Binance has a net worth that makes him one of the world’s wealthiest billionaires. Zhao is now richer than Oracle founder Ellison and Indian businessman Mukesh Ambani.
Coinbase and Ethereum founders have also enjoyed significant gains in the previous year.
11. More men own crypto than women in the UK.
Recent UK numbers show that of all residents who own cryptocurrencies, 68% are men, while 32% are women. Additionally, 2020 was the year when 25% of current crypto owners first bought crypto. This number dropped to 20% in 2021.
US Cryptocurrency Statistics
In the next section, we’ll fill you in on how many people have bought and traded cryptocurrencies in the US in recent years.
12. More than 1 in 10 Americans traded in cryptocurrencies in the past year.
A recent survey found that 13% of Americans traded in crypto in the last 12 months before July 2021 and over 24% invested in stocks during the same period.
Plus, as many countries and companies are beginning to accept crypto payments, more and more people are trading. However, the value of cryptocurrencies still fluctuates on a day-to-day basis.
13. The first Bitcoin transaction happened in Florida.
On May 22, 2010, a Florida man purchased two pizzas for 10,000 Bitcoins. However, the crypto coins were worth around $41 back then. According to current BTC cryptocurrency prices, he would have paid $80 million for the pizzas.
14. There are over 27 million crypto owners in the US.
Moreover, the US is second among the countries with the most significant amount of crypto owners, with 27,491,810. The only country with more crypto owners is India (100,740,320), while Russia follows the US with 17,379,175.
Bitcoin is the most popular cryptocurrency worldwide, so it’s only fair that we dedicate a section to discussing its rise to fame.
15. Bitcoin was invented in 2009, but no one knows who its creator is for sure.
(Source: Live Mint)
You may have heard that someone named Satoshi Nakamoto created Bitcoin in 2009. However, according to some intriguing cryptocurrency stats, many think this is a pseudonym and not a real name. Plus, others believe that a group created Bitcoin, not a single person.
To this day, the true identity of this cryptocurrency’s creator remains shrouded in mystery.
16. The number of Bitcoin ATMs has been steadily rising in 2015.
According to cryptocurrency stats from 2021, there were around 14,000 reported Bitcoin ATMs globally. This number includes two different types of ATMs: those that allow the customer to only purchase Bitcoin and those that enable them to buy and sell Bitcoin.
17. In November 2021, there were almost 81 million Blockchain.com wallets.
Some interesting cryptocurrency statistics suggest that 82 million Bitcoin wallets existed as of March 2022. This number was in the 70 million range since March of last year. In comparison, in April 2012, there were 0.01 million.
18. It takes ten minutes to mine one block of Bitcoin.
(Source: Planet Crypto)
There is no way to mine just one bitcoin, so you’ll have to mine a whole block with 6.25 bitcoins. And although ten minutes may not seem like a long time, bear in mind that tons of people are vying for that block. So, mining one block may be quick, but it will be hard work.
19. Over 2 million bitcoins are left to be mined.
(Source: Buy Bitcoin Worldwide)
Recent cryptocurrency rates indicate there are 2,009,318 bitcoins left for mining. Nakamoto intended the maximum amount to be 21 million. Unfortunately, since almost 19 million have already been mined, we’re approaching the end.
However, it’s not that simple, and there may be bitcoins left for many years to come.
Crime and Cryptocurrency Statistics
Although cryptocurrency theft doesn’t happen the same way as stealing traditional cash, it occurs more often than you might think. Therefore, it’s a good idea to find a reliable cybersecurity company to protect your digital money if you plan on trading with crypto.
Let’s look at some of the figures below!
20. In 2018, $1.1 billion in cryptocurrency was stolen.
Only in the first half of 2018, over $1 billion worth of cryptocurrency was stolen in a rather relatively easy manner.
The surprising part is that money isn’t stolen by large crime groups but by skilled individuals who know which programs they need to demand ransom and stay anonymous.
21. A Bulgarian woman scammed millions of investors in 2017.
(Source: Fool, Cineuropa)
A highly-skilled Bulgarian woman named Ruja Ignatova attracted millions of investors to her OneCoin with the promise of extreme wealth.
However, it turned out that this cryptocurrency had no blockchain behind it, and it was just a Ponzi scheme. Therefore, her investors lost over $4 billion to the scam.
Ignatova has been in hiding since 2017.
22. Crypto crime losses were $4.5 billion in 2019.
However, all cryptocurrency stats in recent years seem to indicate that 2020 and 2021 weren’t as bad as 2019. For example, in 2020, crypto crime was responsible for $1.9 billion, while only $432 million were reported stolen in mid-April of 2021.
For comparison, the 2019 numbers show record losses of around $4.5 billion, while for 2020, this number was $1.9 billion.
23. Hackers stole around $600 million in cryptocurrency in 2021.
(Source: CNN Business)
An anonymous hacker stole around $600 million in cryptocurrency from the decentralized finance platform Poly Network. It’s considered the biggest crypto hack to date.
However, after talking to the company via Twitter, the hacker slowly returned the funds.
Now that you’ve read through the cryptocurrency statistics above, we hope you better understand the market. Despite the fact that this digital payment system is still relatively new, more and more people are investing and trading in cryptocurrencies daily!
How often does a cryptocurrency rate change?
Since factors such as regulations, availability, governance, and supply and demand can cause fluctuations, we can’t say precisely when a particular cryptocurrency rate will change.
For instance, it’s not uncommon for Bitcoin’s price to increase or decrease between 5% and 10% on any given day. Furthermore, smaller cryptocurrencies can have even broader fluctuations.
What was the global market size of cryptocurrency in 2021?
(Source: WeForum, Yahoo)
The global cryptocurrency market value was $1.7 billion in 2021. Moreover, this figure shows a total market cap growth of 187.5%.
How much will the global cryptocurrency market be worth in 2028?
(Source: Fortune Business Insights)
According to the most recent cryptocurrency statistics, the global crypto market will likely grow to $1.9 billion by 2028.
- Business Insider Africa
- Buy Bitcoin Worldwide
- Buy Bitcoin Worldwide
- CNN Business
- CNN Business
- Coin Companion
- Coin Companion
- Fortune Business Insights
- Globe News Wire
- Live Mint
- Outlook India
- Planet Crypto