By the end of 2021, nearly 300 million people worldwide owned some form of cryptocurrency, according to crypto.com.
Crypto’s global market capitalization reached an estimated $US1.09 trillion as of August 2023, as reported by CoinMarketCap.
As of February 2, 2024, Bitcoin represents 48.6% of the total value of the cryptocurrency market, according to Coingecko.
By 2030, the global cryptocurrency market is projected to grow at a compound annual growth rate (CAGR) of 12.5%, as forecasted by Grand View Research.
In 2022, approximately 25.6% of Australians owned cryptocurrency, based on statistics from Statista.
Bitcoin is the predominant cryptocurrency owned by Australians, according to Statista.
A study by the Australian Securities Exchange (ASX) in 2023 found that 29% of Australian investors intend to purchase cryptocurrency within the next 12 months.
The same study revealed that in 2023, 15% of Australian investors currently held cryptocurrency, with the figure rising to 31% among investors aged 18-24.
Additionally, the median amount invested in cryptocurrency by Australians was $5,100.
Findings from a UK survey conducted by Forbes Advisor indicate that individuals aged 18-34 are twice as likely to own cryptocurrency compared to those aged 35-54.