The global adoption of cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) increased by 13% in 2024, according to the “sizing of the crypto market” published by Crypto.com.
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The report indicates that the global adoption of cryptography, measured by the ownership of digital assets, increased by 13% in 2024, by 583 million owners at the start of the year to 659 million by December 31. The adoption of the two largest cryptocurrencies, Bitcoin and Ethereum, increased by 13.1% and 13.6% respectively.
Bitcoin ownership reached 337 million owners, representing 51% of all world cryptos holders, while the total number of Ethereum owners reached 142 million last year, representing 21% of the world’s cryptography, said Crypto.com in its report.
Exhibition through FNB
Crypto.com added in its report according to which 1.2 million additional people may have acquired an exposure to Bitcoin through funds (ETF) negotiated in American exchange which were approved in the United States in 2024. Ethereum growth was largely motivated by the interest in the upgrading of Dencun de Crypto, as well as the launch of the last summer.
A distinct study of BlackRock (BLK) recently shown that the Crypto adoption rate was dropping the adoption by mobile phone of 43% and the adoption of Internet by 20% in 2024. According to BlackRock, it only took 12 years for the adoption of the crypto to reach 300 million users, while mobile phones have reached the same milestone over a period of 21 years.
Crypto.com and Blackrock attribute the rapid growth of crypto to the demography and the will of the young generations to accept digital parts and tokens. BTC is currently negotiated at $ 97,640 per digital token, having increased by 86% in the last 12 months.
Is BTC a purchase?
Most Wall Street companies do not offer notes or price targets on Bitcoin, so we will consult the three-month performance of cryptocurrency. As can be seen in the graph below, the price of the BTC decreased by 2.08% in the last 12 weeks.
