America

Trillion

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<ul class="news-points">
 <li>Global crypto trading volume is projected to exceed $108 trillion in 2024.</li>
 <li>This surge in trading volume would be driven primarily by Europe and Asia.</li>
 <li>Africa and South America see rapid growth, whereas North America’s trading volume is declining.</li>
</ul>
A recent <a href="https://coinwire.com/crypto-trading-report-2024/" target="_blank" rel="noopener noreferrer nofollow">study</a> by CoinWire has revealed that the global cryptocurrency trading volume is expected to exceed $108 trillion in 2024, a staggering 90% increase from the figure obtained in 2022. This trading volume would be driven primarily by Europe and <a href="https://coinedition.com/asian-markets-in-focus-as-ripple-unveils-new-xrpl-fund/" target="_blank" rel="noopener noreferrer nofollow">Asia</a>, which are leading the charge in the adoption and growth of crypto assets.
Notably, the global crypto market has expanded by 89% over the past three years. Europe and Asia are anticipated to lead the global trading activities this year. Presently, Europe accounts for 37.32% of global crypto transaction value, making the region the leader in the global crypto market.&nbsp;
The report noted that Europe’s crypto trading volume could reach $40.5 trillion in 2024, a 270% increase from $15 trillion in 2022. Asia contributes 36.17% to the world’s cryptocurrency transaction value and is expected to attain a trading volume of $39.3 trillion in 2024.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXd3PCMpntyTdfiJEiign9CgNixN2125Z5QxJUkWI9FsRFnPdWklglIRf3xOvMCfsyzetZCjuXK2O3G3Ci_Ulkx4wHBXLhXg_OXpvtkhnZtH-eylpbKGyNn3W0xltJeMLkJk8KyfFYhKcs6ep-QzAjuV-GA3?key=LOII5gVHvGmkJUE8uWT6ew" alt="">
</figure>
Moreover, the study d…
The post <a href="https://coinedition.com/global-crypto-trading-volume-heads-for-108-trillion-in-2024-driven-by-europe-and-asia/" rel="noopener noreferrer nofollow">Global Crypto Trading Volume Heads for $108 Trillion in 2024, Driven by Europe and Asia</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Global Crypto Trading Volume Heads for $108 Trillion in 2024, Driven by Europe and Asia

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