Bitcoin trading volume peaked in late February 2021 to a level much higher in the rest of the year, marking a significant month in the coin's history. Whilst there is no clear explanation why the trade volume went up so much on February 26, Bitcoin's price development suggests the cryptocurrency's value around that time declined somewhat after weeks of growth and continued media attention. That morning, Bitcoin went down by around 11 percent - potentially sparking a buying frenzy for people who saw this an opportune time to invest in the coin. Indeed, most consumers in both the U.S. and the UK invest in crypto for growth prospects.

Crypto 24h trading volume declined as 2023 progressed, with figures being one-third lower than in 2022. The decline follows after Binance and Coins - two of the biggest crypto exchanges in the world - received lawsuits in the United States. Observations are also that the crypto market was quiet after April, citing a lack of a "strong overarching narrative". This is in contrast to 2021 and 2022 when cryptocurrency dominated the news and many people sought fortune in the digital currency.

Bitcoin developments

Bitcoin's trade volume slowed in the second quarter of 2023, after hitting a noticeable growth at the beginning of the year. The coin outperformed most of the market. Some attribute this to the announcement in June 203 that BlackRock filed for a Bitcoin ETF. This iShares Bitcoin Trust was to use Coinbase Custody as its custodian. Regulators in the United States had not yet approved any applications for spot ETFs on Bitcoin.

Changes in Ethereum staking in 2023

Ethereum's trade volume changed in 2023 due to the rollout of the Shapella (Shanghai and Cappella) upgrade. The update allowed investors to withdraw (unstake) Ethereum deposited into the network. Staking can be somewhat compared to depositing money at a bank, where one would submit money to be held and gains interest as time goes by. Lido has the highest staking pool (a platform that allows for staking) in Ethereum, higher than major crypto exchanges Coinbase and Kraken.

The graph shows the monthly share of Bitcoin trading volume executed in Chinese yuan from 2016 to 2018. As of August 2018, Bitcoin transactions in Chinese yuan constituted 0.1 percent of all Bitcoin transactions globally.

Interest in Bitcoin and cryptocurrencies in 2020 was seemingly higher in Africa and Latin America than some of the world's developed economies. This shows after analyzing Bitcoin trading volume against domestic currencies used for the transaction of the digital coin. In 2020, roughly 420 million U.S. dollars worth of Russian rubles were used to buy Bitcoin on an exchange, against 400 million U.S. dollars worth of Nigerian naira. The source assumes the currencies are mainly used by the domestic population - e.g. transactions made with British pounds are likely done by UK residents -, and makes the same assumption for the United States, despite the international appeal of the U.S. dollar on foreign exchange markets.

Africa and Latin America lead the way

Although the source does not mention all countries in Africa and Latin America, the few entries these regions do have in the list stand out. Bitcoin trading volume in Nigeria, for instance, was twice as high as that of the eurozone in 2020. Colombia's market size was twice that of Canada. Whether this interest is for actual payment use on a day-to-day basis or as a tool for investment is not really clear. Data from Statista's Global Consumer Survey on payment methods in Egypt reveals that eight percent of Egyptians either owned or used Bitcoin, but does not specify the exact use or purpose of the cryptocurrency.

Bitcoin: the "Renaissance"

Believed by some to fade into obscurity after hitting the news in 2017 and price declines that followed afterwards, the world's most well-known cryptocurrency witnessed a "rebirth" at the end of 2020: Within five days in January 2021, the price of Bitcoin soared from 30,000 U.S. dollars to 40,000 U.S. dollars. Bitcoin's market cap - calculated by multiplying the total number of Bitcoins in circulation against its price - grew as well, more than doubling in early January 2021 against November 2020

Bitcoin's blockchain size was close to reaching 5450 gigabytes in 2024, as the database saw exponential growth by nearly one gigabyte every few days. The Bitcoin blockchain contains a continuously growing and tamper-evident list of all Bitcoin transactions and records since its initial release in January 2009. Bitcoin has a set limit of 21 million coins, the last of which will be mined around 2140, according to a forecast made in 2017. Bitcoin mining: A somewhat uncharted world Despite interest in the topic, there are few accurate figures on how big Bitcoin mining is on a country-by-country basis. Bitcoin's design philosophy is at the heart of this. Created out of protest against governments and central banks, Bitcoin's blockchain effectively hides both the country of origin and the destination country within a (mining) transaction. Research involving IP addresses placed the United States as the world's most Bitcoin mining country in 2022 - but the source admits IP addresses can easily be manipulated using VPN. Note that mining figures are different from figures on Bitcoin trading: Africa and Latin America were more interested in buying and selling BTC than some of the world's developed economies. Bitcoin developments Bitcoin's trade volume slowed in the second quarter of 2023, after hitting a noticeable growth at the beginning of the year. The coin outperformed most of the market. Some attribute this to the announcement in June 203 that BlackRock filed for a Bitcoin ETF. This iShares Bitcoin Trust was to use Coinbase Custody as its custodian. Regulators in the United States had not yet approved any applications for spot ETFs on Bitcoin.

Bitcoin's transaction volume was at its highest in December 2023, when the network processed over 724,000 coins on the same day. Bitcoin generally has a higher transaction activity than other cryptocurrencies, except Ethereum. This cryptocurrency is often processed more than one million times per day. Note that the transaction volume here refers to transactions registered within the Bitcoin blockchain. It should not be confused with Bitcoin's 24-hour trade volume, a metric associated with crypto exchanges. The more Bitcoin transactions, the more it is used in B2C payments? A Bitcoin transaction recorded in the blockchain can be any transaction, including B2C but also P2P. While it is possible to see in the blockchain which address sent Bitcoin to whom, details on who this person is and where they are from are often missing. Bitcoin was designed to go against monetary authorities and prides itself on being anonymous. An important argument against Bitcoin replacing cash or cards in payments is that the cryptocurrency was not allowed for such a task: Bitcoin ranks among the slowest cryptocurrencies in terms of transaction speed. Are cryptocurrencies taking over payments? Cryptocurrency payments are set to grow at a CAGR of nearly 17 percent between 2022 and 2029, although the market is relatively small. The forecast is according to a market estimate made in early 2023, based on various conditions and sources available at that time. Research across 40 countries during the same time suggested that the market share of cryptocurrency in e-commerce transactions was "less than one percent" in all surveyed countries, with predictions being this would not change in the future.

According to Cognitive Market Research, the global Digital Coin Market size will be USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 15.20% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.4% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD XX million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.2% from 2024 to 2031.
The Latin America market will account for more than 5% of global revenue and have a market size of USD XX million in 2024. It will grow at a compound annual growth rate (CAGR) of 14.6% from 2024 to 2031.
The Middle East and Africa held the major markets, accounting for around 2% of the global revenue. The market was USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.9% from 2024 to 2031.
The Trading and Investment held the highest Digital Coin Market revenue share in 2024.

Key Factor of the Digital Coin Market

Financial Inclusion to Increase the Demand Globally

Financial inclusion is poised to drive increased demand for cryptocurrencies on a global scale, fundamentally transforming the traditional financial landscape. Cryptocurrencies offer a unique opportunity to extend financial services to underserved and unbanked populations, providing them with access to secure and low-cost digital payment solutions, savings accounts, and investment opportunities. In regions where traditional banking infrastructure is limited or inaccessible, cryptocurrencies serve as a viable alternative, offering individuals greater control over their finances and the ability to participate in the global economy. Furthermore, the decentralized nature of cryptocurrencies removes barriers to entry, enabling anyone with an internet connection to transact and store value without relying on intermediaries or facing discrimination based on socioeconomic status.

As awareness of the potential benefits of cryptocurrency for financial inclusion grows, governments, international organizations, and fintech companies are increasingly investing in initiatives aimed at expanding access to digital financial services.

Decentralized Finance (DeFi) to Propel Market Growth

Decentralized Finance (DeFi) is poised to be a key driver propelling the growth of the cryptocurrency market. DeFi represents a revolutionary paradigm shift in traditional finance, offering a wide range of financial services and products built on blockchain technology and smart contracts. By eliminating intermediaries and facilitating peer-to-peer transactions, DeFi platforms enable users to access lending, borrowing, trading, and yield-generating opportunities in a permissionless and transparent manner. This democratization of financial services not only expands access to previously underserved populations but also creates new avenues for innovation and value creation.

As the DeFi ecosystem continues to mature and evolve, with an ever-expanding array of protocols and applications, it attracts increasing attention and investment from both retail and institutional participants. The growth of DeFi not only drives demand for cryptocurrencies as the primary means of exchange and collateral within these platforms but also contributes to the broader adoption and acceptance of digital assets.

Market Restraint of the Digital Coin Market

Regulatory Uncertainty to Limit the Sales

Regulatory uncertainty represents a significant constraint that can limit sales and overall market growth within the cryptocurrency industry. The lack of clear and consistent regulatory frameworks across different jurisdictions creates uncertainty for businesses, investors, and consumers, leading to hesitancy in adopting and transacting with cryptocurrencies. Regulatory ambiguity may result in legal and compliance risks for businesses operating in the cryptocurrency space, deterring potential sales and investment. Moreover, uncertainty regarding the taxation, licensing, and legal status of cryptocurrencies can hinder mainstream adoption and acceptance, as individuals and businesses may be reluctant to engage in transactions involving digital assets.

Ad...

Le suivi de l'historique des prix Bitcoin Virtual Machine permet aux investisseurs crypto de suivre facilement les performances de leur investissement. Vous pouvez facilement suivre le prix d'ouverture, le prix haut et le prix de clôture de Bitcoin Virtual Machine au fil du temps, ainsi que le volume de trading. En outre, vous pouvez instantanément visualiser la variation quotidienne en pourcentage, ce qui vous permet d'identifier facilement les jours où les fluctuations sont importantes. D'après l'historique des prix Bitcoin Virtual Machine, sa valeur a atteint un sommet sans précédent en 2024-04-18, dépassant $6.83 $. D'autre part, le point le plus bas de la trajectoire du prix de Bitcoin Virtual Machine, communément appelé "plus bas niveau historique Bitcoin Virtual Machine", s'est produit le 2025-03-10. Si vous aviez acheté des Bitcoin Virtual Machine pendant cette période, vous bénéficieriez actuellement d'un profit remarquable de 25%. 100,000,000 Bitcoin Virtual Machine seront créés automatiquement. À l'heure actuelle, l'offre en circulation de Bitcoin Virtual Machine est d'environ 24,818,920. Tous les prix indiqués sur cette page ont été obtenus auprès de Bitget, une source fiable. Il est essentiel de se fier à une seule source pour vérifier vos investissements, car les valeurs peuvent varier d'un vendeur à l'autre. Notre ensemble de données historiques Bitcoin Virtual Machine comprend des données à intervalles de 1 minute, 1 jour, 1 semaine et 1 mois (prix d'ouverture/haut/bas/clôture/volume). Ces ensembles de données ont fait l'objet de tests rigoureux afin d'en garantir la cohérence, l'exhaustivité et l'exactitude. Ils sont spécialement conçus pour les simulations de trading et le backtesting, peuvent être téléchargés gratuitement et sont mis à jour en temps réel.

The market is projected to reach USD 1,074 Million in 2025 and is expected to grow to USD 7,975.7 Million by 2035, registering a CAGR of 22.2% over the forecast period. The expansion of Web3 infrastructure, advancements in multi-chain API solutions, and increasing demand for secure and scalable blockchain integrations are fueling market expansion. Additionally, rising adoption of tokenization, cross-chain interoperability, and API-driven NFT marketplaces is shaping the industry's future.

Metric	Value
Market Size (2025E)	USD 1,074 Million
Market Value (2035F)	USD 7,975.7 Million
CAGR (2025 to 2035)	22.2%

Country-wise Insights

Country	CAGR (2025 to 2035)
USA	22.5%

Country	CAGR (2025 to 2035)
UK	21.8%

Region	CAGR (2025 to 2035)
European Union (EU)	22.2%

Country	CAGR (2025 to 2035)
Japan	22.4%

Country	CAGR (2025 to 2035)
South Korea	22.7%

Competitive Outlook

Company Name	Estimated Market Share (%)
Coinbase Cloud	18-22%
Binance API	12-16%
Chainalysis	10-14%
Alchemy	8-12%
CryptoAPIs	6-10%
Other Companies (combined)	30-40%

Crypto trader Binance ranked among the largest cryptocurrency exchangers in the world in 2024, with trading volume that was several times as high as Bybit or OKX. It should be noted that these figures are separate from platforms Binance.US, Binance TR or Binance.KR. The platform from the Cayman Islands faced investigations from the U.S. SEC, which came to a head in November 2023. Binance did not rank as the most used cryptocurrency exchanges used by consumers in the United States. Binance's settlement with the U.S. In November 2023, Binance agreed to pay a four billion U.S. dollar settlement with United States agencies — one of the biggest corporate fines in U.S. history. The U.S. Department of Justice investigated the platform for years for failure to prevent money laundering and growing crypto theft. The company's founder and CEO Changpeng Zhao pleaded guilty to the charges, agreeing to step down. Zhao would remain as the company's majority shareholder. The U.S. Treasury announced Binance will be subject to five years of monitoring and “significant compliance undertakings, including to ensure Binance’s complete exit from the United States.” Mixed signals from crypto companies The Binance settlement occurred in a month when overall crypto trading volume recorded its highest numbers for all of 2023. One of the main causes is the sudden popularity of FTT, a token released by FTX — the company founded by Sam Bankman-Fried. The developments surrounding Binance caused investors to move away from Binance's stablecoin BNB to the stablecoin from FTX. Earlier in November 2023, however, Coinbase saw its shares fall after announcing its quarterly performance figures.

The market is projected to reach USD 1,684.7 Million in 2025 and is expected to grow to USD 6,030 Million by 2035, registering a CAGR of 13.6% over the forecast period. The expansion of Web3 commerce, growing use of stablecoins for e-commerce payments, and increasing integration of crypto gateways with traditional financial systems are fueling market expansion. Additionally, rising demand for decentralized payment solutions, AI-powered fraud detection, and multi-chain payment processing is shaping the industry's future.

Metric	Value
Market Size (2025E)	USD 1,684.7 Million
Market Value (2035F)	USD 6,030 Million
CAGR (2025 to 2035)	13.6%

Country-wise Insights

Country	CAGR (2025 to 2035)
USA	14.0%

Country	CAGR (2025 to 2035)
UK	13.2%

Region	CAGR (2025 to 2035)
European Union (EU)	13.6%

Country	CAGR (2025 to 2035)
Japan	13.8%

Country	CAGR (2025 to 2035)
South Korea	14.1%

Competitive Outlook

Company Name	Estimated Market Share (%)
BitPay	18-22%
CoinGate	12-16%
Coinbase Commerce	10-14%
NOWPayments	8-12%
Binance Pay	6-10%
Other Companies (combined)	30-40%

BASE YEAR	2024
HISTORICAL DATA	2019 - 2024
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
MARKET SIZE 2023	3.72(USD Billion)
MARKET SIZE 2024	4.34(USD Billion)
MARKET SIZE 2032	15.0(USD Billion)
SEGMENTS COVERED	Type ,Storage Capacity ,Security Features ,Interface ,Purpose ,Regional
COUNTRIES COVERED	North America, Europe, APAC, South America, MEA
KEY MARKET DYNAMICS	Growing Adoption of Cryptocurrencies Increasing Security Concerns Technological Advancements Regulatory Environment Competition and Innovation
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Ledger ,Trezor ,SafePal ,CoolWallet ,ELLIPAL ,Keystone Pronounce ,Arculus ,BitBox02 ,BC Vault ,KeepKey ,SafeChips ,SecuX ,Keystone Pro
MARKET FORECAST PERIOD	2024 - 2032
KEY MARKET OPPORTUNITIES	Enhanced Security Growing Adoption of Cryptocurrencies Technological Advancements Increased Demand for Secure Crypto Storage Integration with Other Financial Services
COMPOUND ANNUAL GROWTH RATE (CAGR)	16.76% (2024 - 2032)

The market is projected to reach USD 3,285.2 Million in 2025 and is expected to grow to USD 23,413.7 Million by 2035, registering a CAGR of 21.7% over the forecast period. The expansion of Web3 applications, advancements in zero-knowledge proofs (ZKPs), multi-party computation (MPC), and quantum-resistant cryptography are fueling market expansion. Additionally, increasing regulatory frameworks, AI-powered fraud detection, and hardware security module (HSM) adoption are shaping the industry's future.

Metric	Value
Market Size (2025E)	USD 3,285.2 Million
Market Value (2035F)	USD 23,413.7 Million
CAGR (2025 to 2035)	21.7%

Country-wise Insights

Country	CAGR (2025 to 2035)
USA	22.0%

Country	CAGR (2025 to 2035)
UK	21.3%

Region	CAGR (2025 to 2035)
European Union (EU)	21.7%

Country	CAGR (2025 to 2035)
Japan	21.9%

Country	CAGR (2025 to 2035)
South Korea	22.2%

Competitive Outlook

Company Name	Estimated Market Share (%)
Ledger SAS	18-22%
Fireblocks	12-16%
Chainalysis	10-14%
BitGo (Galaxy Digital)	8-12%
CipherTrace (Mastercard)	6-10%
Other Companies (combined)	30-40%

Authors, through Twitter API, collected this database over eight months. These data are tweets of over 50 experts regarding market analysis of 40 cryptocurrencies. These experts are known as influencers on social networks such as Twitter. The theory of Behavioral economics shows that the opinions of people, especially experts, can impact the stock market trend (here, cryptocurrencies). Existing databases often cover tweets related to one or more cryptocurrencies. Also, in these databases, no attention is paid to the user's expertise, and most of the data is extracted using hashtags. Failure to pay attention to the user's expertise causes the irrelevant volume to increase and the neutral polarity to increase considerably. This database has a main table named "Tweets1" with 11 columns and 40 tables to separate comments related to each cryptocurrency. The columns of the main table and the cryptocurrency tables are explained in the attached document. Researchers can use this dataset in various machine learning tasks, such as sentiment analysis and deep transfer learning with sentiment analysis. Also, this data can be used to check the impact of influencers' opinions on the cryptocurrency market trend. The use of this database is allowed by mentioning the source. Also, in this version, we have added the excel version of the database and Python code to extract the names of influencers and tweets. in Version(3): In the new version, three datasets related to historical prices and sentiments related to Bitcoin, Ethereum, and Binance have been added as Excel files from January 1, 2023, to June 12, 2023. Also, two datasets of 52 influential tweets in cryptocurrencies have been published, along with the score and polarity of sentiments regarding more than 300 cryptocurrencies from February 2021 to June 2023. Also, two Python codes related to the sentiment analysis algorithm of tweets with Python have been published. This algorithm combines RoBERTa pre-trained deep neural network and BiGRU deep neural network with an attention layer (see code Preprocessing_and_sentiment_analysis with python).

By 2025, the Bitcoin market cap had grown to over 2,000 billion USD as the cryptocurrency kept growing. Market capitalization is calculated by multiplying the total number of Bitcoins in circulation by the Bitcoin price. The Bitcoin market capitalization increased from approximately one billion U.S. dollars in 2013 to several times this amount since its surge in popularity. Dominance The Bitcoin market cap takes up a significant portion of the overall cryptocurrency market cap. This is referred to as "dominance". Within the crypto world, this so-called "dominance" ratio is one of the oldest and most investigated metrics available. It measures the coin's market cap relative to the overall crypto market — effectively showing how strong Bitcoin compared to all the other cryptocurrencies that are not BTC, called "altcoins". The Bitcoin dominance was above 50 percent. Maximum supply and scarcity Bitcoin is unusual from other cryptocurrencies in that its maximum supply is getting closer. By 2025, well over 19 million out of all 21 million possible Bitcoin had been created. Bitcoin's supply is expected to reach its maximum around the year 2140, likely making mining more energy-intensive.

Companies may gain a competitive edge and increase consumer confidence by providing safe, transparent, decentralized solutions powered by web 3.0 blockchain. In light of this trend, the Web 3.0 blockchain market will develop with a 44.90% CAGR from 2024 to 2034. The market valuation is to reach US$ 5,627.60 million by 2024.

Report Attribute	Details
Market Value (2023)	US$ 3,927.50 million
Market Value (2024)	US$ 5,627.60 million
Forecast Value (2034)	US$ 229.15 billion
Growth Rate (2024 to 2034)	44.90%

Web 3.0 Blockchain Market Historical Analysis (2019 To 2023) Vs. Forecast Outlook (2024 to 2034)

Historical CAGR (2019 to 2023)	42.70%
Forecast CAGR (2024 to 2034)	44.90%

Category wise Insights

Application	Conversational AI
Market Share in 2024	20.20%

End Use	BFSI
Market Share in 2024	28.30%

Region wise Analysis

Countries	CAGR from 2024 to 2034
The United States	41.70%
Germany	40.30%
Japan	39.60%
China	45.40%
Australia	48.40%

Report Scope

Report Attribute	Details
Growth Rate	CAGR of 44.90% from 2024 to 2034
Market value in 2024	US$ 5,627.60 million
Market value in 2034	US$ 229.15 billion
Base Year for Estimation	2023
Historical Data	2019 to 2023
Forecast Period	2024 to 2034
Quantitative Units	US$ million for value
Report Coverage	Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	Product Type Material Type Operating Pressure Application End Use Region
Regions Covered	North America Latin America Western Europe Eastern Europe South Asia and Pacific East Asia The Middle East & Africa
Key Companies Profiled	Web3 Foundation (Polkadot) Helium Systems Inc. Ocean Protocol Foundation Ltd. Zel Technologies Limited. Kusama Livepeer Inc. Filecoin Kadena LLC Polygon technology
Customisation Scope	Available on Request

The Web 3.0 cryptocurrency market, encompassing decentralized technologies like blockchain and its associated cryptocurrencies, is experiencing robust growth. The market size in 2025 is estimated at $1958.5 million. While a specific CAGR isn't provided, considering the rapid advancements and adoption of decentralized applications (dApps), a conservative estimate of a 25% CAGR from 2025 to 2033 is plausible, fueled by increasing institutional interest, regulatory clarity (in certain regions), and the growing demand for secure and transparent data management solutions. Key drivers include the rising popularity of Metaverse applications, the increasing need for decentralized finance (DeFi) solutions, the growing adoption of Non-Fungible Tokens (NFTs), and the expanding use of blockchain for supply chain management. Emerging trends like improved scalability solutions, layer-2 networks, and enhanced user experience are further propelling market expansion. However, regulatory uncertainty in several major markets, the volatility inherent in cryptocurrencies, and the technical complexities involved in adopting Web 3.0 technologies pose significant restraints to broader adoption. The segmentation by type (Peer-to-peer Network, Decentralized Web) and application (Individual, Professionals) indicates diverse use cases and highlights potential for future growth within specific niches. The leading players – Helium (HNT), Chainlink (LINK), Filecoin (FIL), and others – are continually innovating, driving competition and market evolution. Geographic distribution shows strong concentration in North America and Europe, with Asia-Pacific emerging as a rapidly growing market. The forecast period (2025-2033) suggests substantial market expansion. The projected growth hinges on the successful navigation of the challenges mentioned above. Technological advancements addressing scalability, security, and user experience will be crucial for sustained growth. Furthermore, increased regulatory clarity and public education will be vital in fostering wider acceptance and adoption of Web 3.0 cryptocurrencies. The ongoing development of interoperability solutions between different blockchain networks also holds significant potential for market expansion by allowing for seamless data transfer and collaboration among diverse applications. This ultimately creates a more integrated and user-friendly Web 3.0 ecosystem, attracting a larger base of users and investors.

It is estimated that the cumulative market cap of cryptocurrencies increased in early 2023 after the downfall in November 2022 due to FTX. That value declined in the summer of 2023, however, as international uncertainty grew over a potential recession. Bitcoin's market cap made up the majority of the overall market capitalization.

What is market cap?

Market capitalization is a financial measure typically used for publicly traded firms, computed by multiplying the share price by the number of outstanding shares. However, cryptocurrency analysts calculate it as the price of the virtual currencies times the number of coins in the market. This gives cryptocurrency investors an idea of the overall market size, and watching the evolution of the measure tells how much money is flowing in or out of each cryptocurrency.

Cryptocurrency as an investment

The price of Bitcoin has been erratic, and most other cryptocurrencies follow its larger price swings. This volatility attracts investors who hope to buy when the price is low and sell at its peak, turning a profit. However, this does little for price stability. As such, few firms accept payment in cryptocurrencies.

The blockchain technology market is predicted to surge at an exemplary CAGR of 44.3% through 2033, reaching US$ 181.1 billion in valuation, up from just US$ 4.6 billion in 2023.

Attribute	Details
Blockchain Technology Market Size (2023)	US$ 4.6 billion
Sales Forecast (2033)	US$ 181.1 billion
Global Market Growth Rate (2023 to 2033)	44.3% CAGR
Share of Top 5 Players	50%

How Has the Market Progressed So Far in 2023?

Market Statistics	Details
H1, 2022 (A)	39.3%
H1, 2023 Projected (P)	41.0%
H1, 2023 Outlook (O)	42.5%
BPS Change: H1, 2023 (O)-H1, 2023(P)	(+) 150 ↑
BPS Change : H1, 2023 (O)-H1, 2022(A)	(+) 316 ↑

Country-wise Analysis

Region	North America
Country	United States
CAGR	46.1%
Market Value (2033)	US$ 97.7 billion

Region	Europe
Country	United Kingdom
CAGR	31.6%
Market Value (2033)	US$ 10.3 billion

Region	Asia Pacific
Country	China
CAGR	33.9%
Market Value (2033)	US$ 5.0 billion

Region	Asia Pacific
Country	South Korea
CAGR	35.2%
Market Value (2033)	US$ 1.1 billion

Region	Asia Pacific
Country	Japan
CAGR	29.7%
Market Value (2033)	US$ 2.3 billion

Bitcoin's circulating supply has grown steadily since its inception in 2009, reaching over 19 million coins by early 2025. This gradual increase reflects the cryptocurrency's design, which put a limit of 21 million on the total number of bitcoins that can ever exist. This impacts the Bitcoin price somewhat, as its scarcity can lead to volatility on the market. Maximum supply and scarcity Bitcoin is unusual from other cryptocurrencies in that its maximum supply is getting closer. By 2025, more than 90 percent of all possible Bitcoin had been created. That said, Bitcoin's circulating supply is expected to reach its maximum around the year 2140. Meanwhile, mining becomes exponentially more difficult and energy-intensive. Institutional investors In 2025, countries like the United States openly started discussion the possibility of buying bitcoins to hold in reserve. By the time of writing, it was unclear whether this would happen. Nevertheless, institutional investors displayed more interest in the cryptocurrency than before. Certain companies owned several thousands of Bitcoin tokens in 2025, for example. This and the limited number of Bitcoin may further fuel price volatility.