2024

Bitcoin

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In 2024, global crypto trading is set to reach over $108 trillion, a dramatic increase of nearly 90% from 2022. The U.S. is expected to lead this surge, with trading volumes projected to exceed $2 trillion. 
Crypto trading volumes have grown 42% since 2023, reflecting a broader market expansion of 89% over the past three years. This growth underscores a worldwide rise in the adoption of digital assets. 
Europe is the largest player in crypto trading, responsible for 37.32% of the global transaction value, with Russia and the UK leading in volume. Turkey and India are significant contributors, each surpassing $1 trillion in trading activity. 
Asia ranks second in global crypto transaction value, holding 36.17% of the market. The region’s growth is driven by high mobile usage and strong technological infrastructure. 
Binance remains the top crypto exchange, leading in 100 of 136 countries with a trading volume of $2.77 trillion.&nbsp; 
Other major exchanges include OKX and CEX.IO, with volumes of $759 billion and $1.83 billion, respectively. Coinbase and Bybit also have substantial volumes, trading in 90 and 87 countries. 
Despite recent market turbulence, including the collapse of FTX and regulatory hurdles, centralized exchanges drove $36 trillion in trading last year, spurred by optimism around the US <a href="https://coinstats.app/coins/bitcoin/">Bitcoin</a> ETFs.&nbsp; 
The latest data also shows stablecoins surpassing Visa’s monthly transaction average, highlighting their growing influence in the financial landscape.

Global Crypto Trading Set To Explode In 2024

ItsBitcoinWorld

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