Bitcoin and Cryptocurrency Statistics For 2024: An Informative Guide

Disclosure: Some of the links on this site are affiliate links, meaning that if you click on one of the links and purchase an item, I may receive a commission. All opinions however are my own.

The year 2022 marks a milestone for the cryptocurrency industry, with Bitcoin becoming an increasingly popular asset among investors.

With more and more individuals and businesses investing in cryptocurrency, it is important to understand the market trends, as well as their potential risks.

As such, we have compiled a comprehensive guide exploring the most up-to-date Bitcoin and Cryptocurrency Statistics For 2024.

This study covers everything from market capitalization to trading volume and will provide you with insights into the current state of this dynamic sector.

Everything You Need To Know About Bitcoin & Cryptocurrencies

Bitcoin and Cryptocurrency Statistics
Credits: Pixabay

Cryptocurrencies are becoming increasingly popular as a way of facilitating payments and trading.

They offer an alternative to traditional banking, with lower fees and faster transactions. However, cryptocurrencies come with a number of risks that must be considered before investing in them.

The most well-known cryptocurrency is Bitcoin. It was created in 2009 and is the first decentralized digital currency ever used in the world.

Bitcoin can be used for peer-to-peer payments and purchases of goods or services from anywhere around the globe without having to use a traditional bank account or credit card.

The value of Bitcoin is determined by market forces such as supply and demand, so it can fluctuate widely depending on economic conditions and investor sentiment.

In addition to its decentralization, Bitcoin is also famously secure and anonymous. All transactions are encrypted, making them difficult to track or hack.

This makes it an attractive option for people who want to keep their financial information private.

Other cryptocurrencies have been created since the launch of Bitcoin, each with its own advantages and disadvantages.

Ethereum is a blockchain platform that allows users to create smart contracts and decentralized applications (DApps).

Litecoin is a faster version of Bitcoin which processes transactions much quicker than traditional payment systems.

Ripple is a real-time gross settlement system that can be used for international payments at lower fees than banks charge.

There are hundreds of other cryptocurrencies available today, all offering unique features and benefits when compared to traditional banking methods.

The most important thing to remember when investing in cryptocurrencies is that they are still highly speculative and highly volatile.

This can be both a blessing and a curse; while you can make huge profits with cryptocurrency investments, you could also lose your entire investment if the market crashes.

For this reason, it’s important to do your research before investing and to understand the risks involved. Additionally, it’s best to only invest an amount of money that you’re comfortable losing.

By doing so, you’ll be able to enjoy the potential rewards without exposing yourself to too much risk.

Some of the Bitcoin & Cryptocurrency Statistics

Ethereum mining (ETH)
Credits: Pixabay
  1. The energy used by a single Bitcoin transaction is equivalent to 1,523,871 VISA transactions.
  2. In terms of total energy use, Bitcoin would be the 23rd largest nation.
  3. Mining for Bitcoin accounts for 38% of all mining worldwide.
  4. The mining of more than 90% of Bitcoins in existence is complete.
  5. The annual revenue from the typical Ethereum (ETH) mining setup is $4,854.50.
  6. More Bitcoin ATMs are located in Los Angeles than in any other US city.
  7. Of all crypto ATMs, Bitcoin Depot has a 17.4% market share.
  8. Currently, there are more than 600 crypto ATM operators.
  9. Around 40,000 crypto ATMs are present throughout the globe.
  10. By 2025, global B2B blockchain transactions may reach $1.7 billion.
  11. When it comes to accepting cryptocurrencies as payment, 72% of game production firms are “not interested.”
  12. The most probable industries to accept cryptocurrency payments are retail, food, and luxury goods, retailers.
  13. More than any other industry, quick-service, and casual eating establishments are more likely to accept cryptocurrency payments.
  14. Americans claim to be uninterested in cryptocurrencies to the tune of 66%.
  15. Bitcoin is owned by 77% of American crypto owners.
  16. More than 50% of Americans between the ages of 18 and 34 want to purchase Bitcoin soon.
  17. Nigeria has the highest global adoption rate for cryptocurrencies.
  18. Over 295 million people utilize cryptocurrencies globally.
  19. Venture/ICO performs better than any other cryptocurrency investing tactic.
  20. Over $59.6 billion in assets are managed by crypto funds.
  21. The US or the Cayman Islands are home to two-thirds of all cryptocurrency hedge funds in the globe.
  22. Coinbase is used by 65% of US crypto owners.
  23. Since 2018, Coinbase’s user base has more than tripled.
  24. Every 24 hours, Binance users transact with cryptocurrencies valued $14.39 billion.
  25. In 42 nations, cryptocurrencies are not allowed.
  26. At the time of writing, the price of one bitcoin is $69,044.77.
  27. 84% of the blockchain patents in the world are from China.
  28. Losses from the greatest assault totaled almost $40 billion.
  29. Since June 2013, hackers have stolen cryptocurrencies worth over $68 billion each month.
  30. Every week, 24 new cryptocurrencies are produced.
  31. About 40% of the value of the cryptocurrency market is made up of Bitcoin.

Quick Links:

Conclusion: Bitcoin & Cryptocurrency Statistics For 2024

Bitcoin & Cryptocurrency Statistics For 2024 provides us with invaluable insight into the present and future of this rapidly growing industry.

It demonstrates that despite recent volatility in some markets, investor interest continues to be strong as more and more individuals, businesses, and even governments are turning to cryptocurrency as an asset class.

As we head into 2024, it is clear that the crypto industry is here to stay, with new trends emerging every day.


A graduate of the IIMC, Diksha enjoys testing out new tech products and services. Her goal is to help others make more informed purchases of tech products and services. In her spare time, she enjoys traveling, watching movies, and listening to music. An ardent reader loves to be surrounded by technology. You can follow her on LinkedIn and Instagram

Leave a Comment