Global crypto owners increased 34% to 580 million by end of 2023, Crypto.com says in report | Headlines | News | CoinMarketCap
01/23/2024 00:03
The number of global cryptocurrency owners grew 34% to 580 million by the end of 2023, research from the cryptocurrency exchange Crypto.com …
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Published on January 22, 2024 16:45 GMT+00:00edited on January 22, 2024 16:49 GMT+00:00
The number of global cryptocurrency owners grew 34% to 580 million by the end of 2023, research from the cryptocurrency exchange Crypto.com found.
Last year started with 432 million crypto asset owners in January, the researchers added. Bitcoin holders grew 33% to 296 million in December from 222 million at the start of the year. In all, bitcoin holders make up 51% of all cryptocurrency holders.
"The main catalyst behind BTC's adoption growth was the development in bitcoin exchange-traded funds and the introduction of the Bitcoin Ordinals protocol, which enabled non-fungible tokens and fungible tokens to be minted on the Bitcoin network. Strong interest from institutional investors also contributed to the increase in BTC’s adoption," the researchers said.