Crypto 24h trading volume declined as 2023 progressed, with figures being ********* lower than in 2022. The decline follows after Binance - one 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 contrasts with 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 2023 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. As of May **, 2025, the 24h trading volume stands at *****.
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 **, 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 ** 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 trader Binance ranked among the largest cryptocurrency exchangers in the world in 2024, with trading volume that was about four 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.
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License information was derived automatically
OHLCV is an abbreviation for the five critical data points: Open, High, Low, Close, and Volume. It refers to the key points in analyzing an asset such as Bitcoin (BTC) in the market over a specified time. The dataset is important for not only traders and analysts but also for data scientists who work on BTC market prediction using artificial intelligence. The 'Open' and 'Close' prices represent the starting and ending price levels, while the 'High' and 'Low' are the highest and lowest prices during that period (a daily time frame (24h)). The 'Volume' is a measure of the total number of trades. This dataset provides five OHLCV data columns for BTC along with a column called "Next day close price" for regression problems and machine learning applications. The dataset includes daily information from 1/1/2012 to 8/6/2022.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The dataset used in this research is a historical record of Bitcoin, Ethereum, and Litecoin’s daily trading activity, containing essential financial metrics for each date. This sample includes the following columns: Date: The specific day of each recorded entry, showing a continuous timeline. Open: The price of currencies at the start of the trading day. High: The highest price of currencies reached during the day. Low: The lowest price of currencies traded throughout the day. Close: The closing price of the currencies at the end of the trading day. Volume: The total trading volume, indicating the number of currencies traded that day in units. Market Cap: The total market capitalization of currencies, calculated as the total supply multiplied by the closing price.
Ethereum trading volume more than doubled on May 19, 2021, compared to the previous day, following news that China banned crypto services inside the country. Following this news, the market cap for the entire crypto market fell by billions of U.S. dollars. The Ethereum price that day also witnessed one of its biggest single-day declines on record. The price decline potentially may have attracted new investors to the cryptocurrency, leading to the increase in trading volume.
https://creativecommons.org/publicdomain/zero/1.0/https://creativecommons.org/publicdomain/zero/1.0/
This dataset contains a comprehensive collection of historical price records for the top 1000 cryptocurrencies. The data in this dataset is updated daily, providing a reliable and up-to-date source of information for cryptocurrency traders, researchers, and enthusiasts.
Each file in the dataset includes the following columns: date, open price, high price, low price, closing price, adjusted closing price, and trading volume. These columns provide a detailed picture of the daily price movements and trading activity of each cryptocurrency in the dataset.
The "date" column indicates the day on which the price data was recorded, while the "open" column provides the opening price of the cryptocurrency for that day. The "high" and "low" columns indicate the highest and lowest prices of the cryptocurrency on that day, respectively. The "close" column represents the closing price of the cryptocurrency on that day, while the "adjusted close" column takes into account any dividends or other corporate actions that may have affected the price. Finally, the "volume" column shows the trading volume of the cryptocurrency on that day.
With this dataset, users can analyze and visualize the performance of individual cryptocurrencies, compare them to one another, and track trends over time. The data is ideal for use in machine learning models, predictive analytics, and other data-driven applications.
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This dataset provides daily historical data for 10 major cryptocurrencies. Each row represents a single trading day, covering the maximum range that was available at the time of extraction.
Key Features
Closing Price and Volume: For each cryptocurrency, two columns are provided:
xxx_closing_price – The daily closing price in USD
xxx_volume – The daily trading volume
Date Format: Each date is listed in “dd/mm/yy” format for easy reading.
Top 10 Cryptocurrencies: Includes well-known coins such as Bitcoin, Ethereum, and others with high market capitalization.
1.Exploratory data analysis or visualizations of crypto market trends
2.Time-series modeling, forecasting, or anomaly detection
3.Comparative studies between multiple cryptocurrencies
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License information was derived automatically
This dataset contains historical price data for the top global cryptocurrencies, sourced from Yahoo Finance. The data spans the following time frames for each cryptocurrency:
BTC-USD (Bitcoin): From 2014 to December 2024 ETH-USD (Ethereum): From 2017 to December 2024 XRP-USD (Ripple): From 2017 to December 2024 USDT-USD (Tether): From 2017 to December 2024 SOL-USD (Solana): From 2020 to December 2024 BNB-USD (Binance Coin): From 2017 to December 2024 DOGE-USD (Dogecoin): From 2017 to December 2024 USDC-USD (USD Coin): From 2018 to December 2024 ADA-USD (Cardano): From 2017 to December 2024 STETH-USD (Staked Ethereum): From 2020 to December 2024
Key Features:
Date: The date of the record. Open: The opening price of the cryptocurrency on that day. High: The highest price during the day. Low: The lowest price during the day. Close: The closing price of the cryptocurrency on that day. Adj Close: The adjusted closing price, factoring in stock splits or dividends (for stablecoins like USDT and USDC, this value should be the same as the closing price). Volume: The trading volume for that day.
Data Source:
The dataset is sourced from Yahoo Finance and spans daily data from 2014 to December 2024, offering a rich set of data points for cryptocurrency analysis.
Use Cases:
Market Analysis: Analyze price trends and historical market behavior of leading cryptocurrencies. Price Prediction: Use the data to build predictive models, such as time-series forecasting for future price movements. Backtesting: Test trading strategies and financial models on historical data. Volatility Analysis: Assess the volatility of top cryptocurrencies to gauge market risk. Overview of the Cryptocurrencies in the Dataset: Bitcoin (BTC): The pioneer cryptocurrency, often referred to as digital gold and used as a store of value. Ethereum (ETH): A decentralized platform for building smart contracts and decentralized applications (DApps). Ripple (XRP): A payment protocol focused on enabling fast and low-cost international transfers. Tether (USDT): A popular stablecoin pegged to the US Dollar, providing price stability for trading and transactions. Solana (SOL): A high-speed blockchain known for low transaction fees and scalability, often seen as a competitor to Ethereum. Binance Coin (BNB): The native token of Binance, the world's largest cryptocurrency exchange, used for various purposes within the Binance ecosystem. Dogecoin (DOGE): Initially a meme-inspired coin, Dogecoin has gained a strong community and mainstream popularity. USD Coin (USDC): A fully-backed stablecoin pegged to the US Dollar, commonly used in decentralized finance (DeFi) applications. Cardano (ADA): A proof-of-stake blockchain focused on scalability, sustainability, and security. Staked Ethereum (STETH): A token representing Ethereum staked in the Ethereum 2.0 network, earning staking rewards.
This dataset provides a comprehensive overview of key cryptocurrencies that have shaped and continue to influence the digital asset market. Whether you're conducting research, building prediction models, or analyzing trends, this dataset is an essential resource for understanding the evolution of cryptocurrencies from 2014 to December 2024.
On May 19, 2021, the daily trading volume of cryptocurrencies on South Korean crypto exchanges amounted to approximately **** trillion South Korean won, surpassing the value of stocks traded on the South Korean stock market. Cryptocurrencies have become very popular investments among South Koreans. Young people in particular have been investing heavily in cryptocurrencies recently.
As of April 30, 2021, the average daily trading volume of cryptocurrencies on South Korean crypto exchanges amounted to about 12.57 trillion South Korean won, up from about 976 billion South Korean won in the previous year. Cryptocurrencies have recently become very popular investments among South Koreans.
https://creativecommons.org/publicdomain/zero/1.0/https://creativecommons.org/publicdomain/zero/1.0/
The Cryptocurrency Prices dataset includes prices and market capitalization data for popular cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and Ripple. The data covers daily prices and market capitalization from the inception of each cryptocurrency up to the present day.
The dataset is well-suited for exploratory data analysis, time series analysis, and predictive modeling tasks related to cryptocurrencies. It can be used to examine historical price trends, correlations between different cryptocurrencies, and the overall market capitalization of the cryptocurrency market. Additionally, the data can be used to build models that predict future prices or market capitalization> of specific cryptocurrencies.
Each row of the dataset represents a single day of trading for a particular cryptocurrency. The columns of the dataset include the following:
The dataset includes data for multiple cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, Ripple, and many others. Each cryptocurrency has its own set of data columns in the dataset.
This dataset can be helpful for data analysts, data scientists, traders, investors, and anyone interested in exploring the cryptocurrency market. It is intended to facilitate research and analysis of the market and the underlying factors affecting various cryptocurrency prices and market capitalization.
Cryptocurrency options markets have grown increasingly sophisticated, requiring reliable data infrastructure to support trading and analysis. Our platform gives you direct access to comprehensive crypto options data through straightforward API connections.
We capture the complete options chain across major crypto derivatives exchanges, delivering real-time and historical cryptocurrency market data that shows exactly what's happening in these complex markets. Each options contract is tracked with precision - strikes, expiration dates, premiums, open interest, and volume metrics all accessible through our standardized data feeds.
The data is available through multiple integration methods depending on your needs. Use our REST API for flexible queries and historical analysis, WebSocket for real-time market monitoring, or FIX protocol for institutional-grade connectivity with minimal latency.
Why work with us?
Market Coverage & Data Types: - Real-time and historical data since 2010 (for chosen assets) - Full order book depth (L2/L3) - Tick-by-tick data - OHLCV across multiple timeframes - Market indexes (VWAP, PRIMKT) - Exchange rates with fiat pairs - Spot, futures, options, and perpetual contracts - Coverage of 90%+ global trading volume
Technical Excellence: - 99% uptime guarantee - Multiple delivery methods: REST, WebSocket, FIX, S3 - Standardized data format across exchanges - Ultra-low latency data streaming - Detailed documentation - Custom integration assistance
When options traders need reliable market intelligence, they don't leave it to chance. That's why trading desks across five continents, quantitative hedge funds managing billions, and fintech innovators building tomorrow's trading platforms all rely on our data infrastructure. We've established ourselves as a dependable source in a market where accuracy isn't just preferred - it's essential. While others promise comprehensive coverage, we deliver it consistently, trade after trade, day after day.
https://creativecommons.org/publicdomain/zero/1.0/https://creativecommons.org/publicdomain/zero/1.0/
This dataset, titled "Cryptocurrency Market Sentiment & Prediction," is a synthetic collection of real-time crypto market data designed for advanced analysis and predictive modeling. It captures a comprehensive range of features including price movements, social sentiment, news impact, and trading patterns for 10 major cryptocurrencies. Tailored for data scientists and analysts, this dataset is ideal for exploring market volatility, sentiment analysis, and price prediction, particularly in the context of significant events like the Bitcoin halving in 2024 and increasing institutional adoption.
Key Features Overview: - Price Movements: Tracks current prices and 24-hour price change percentages to reflect market dynamics. - Social Sentiment: Measures sentiment scores from social media platforms, ranging from -1 (negative) to 1 (positive), to gauge public perception. - News Sentiment and Impact: Evaluates sentiment from news sources and quantifies their potential impact on market behavior. - Trading Patterns: Includes data on 24-hour trading volumes and market capitalization, crucial for understanding market activity. - Technical Indicators: Features metrics like the Relative Strength Index (RSI), volatility index, and fear/greed index for in-depth technical analysis. - Prediction Confidence: Provides a confidence score for predictive models, aiding in assessing forecast reliability.
Purpose and Applications: - Perfect for machine learning tasks such as price prediction, sentiment-price correlation studies, and volatility classification. - Supports time series analysis for forecasting price movements and identifying volatility clusters. - Valuable for research into the influence of social media and news on cryptocurrency markets, especially during high-impact events.
Dataset Scope: - Covers a simulated 30-day period, offering a snapshot of market behavior under varying conditions. - Focuses on major cryptocurrencies including Bitcoin, Ethereum, Cardano, Solana, and others, ensuring relevance to current market trends.
Dataset Structure Table:
Column Name | Description | Data Type | Range/Value Example |
---|---|---|---|
timestamp | Date and time of data record | datetime | Last 30 days (e.g., 2025-06-04 20:36:49) |
cryptocurrency | Name of the cryptocurrency | string | 10 major cryptos (e.g., Bitcoin) |
current_price_usd | Current trading price in USD | float | Market-realistic (e.g., 47418.4096) |
price_change_24h_percent | 24-hour price change percentage | float | -25% to +27% (e.g., 1.05) |
trading_volume_24h | 24-hour trading volume | float | Variable (e.g., 1800434.38) |
market_cap_usd | Market capitalization in USD | float | Calculated (e.g., 343755257516049.1) |
social_sentiment_score | Sentiment score from social media | float | -1 to 1 (e.g., -0.728) |
news_sentiment_score | Sentiment score from news sources | float | -1 to 1 (e.g., -0.274) |
news_impact_score | Quantified impact of news on market | float | 0 to 10 (e.g., 2.73) |
social_mentions_count | Number of mentions on social media | integer | Variable (e.g., 707) |
fear_greed_index | Market fear and greed index | float | 0 to 100 (e.g., 35.3) |
volatility_index | Price volatility index | float | 0 to 100 (e.g., 36.0) |
rsi_technical_indicator | Relative Strength Index | float | 0 to 100 (e.g., 58.3) |
prediction_confidence | Confidence level of predictive models | float | 0 to 100 (e.g., 88.7) |
Dataset Statistics Table:
Statistic | Value |
---|---|
Total Rows | 2,063 |
Total Columns | 14 |
Cryptocurrencies | 10 major tokens |
Time Range | Last 30 days |
File Format | CSV |
Data Quality | Realistic correlations between features |
This dataset is a powerful resource for machine learning projects, sentiment analysis, and crypto market research, providing a robust foundation for AI/ML model development and testing.
Daily cryptocurrency data (transaction count, on-chain transaction volume, value of created coins, price, market cap, and exchange volume) in CSV format. The data sample stretches back to December 2013. Daily on-chain transaction volume is calculated as the sum of all transaction outputs belonging to the blocks mined on the given day. “Change” outputs are not included. Transaction count figure doesn’t include coinbase transactions. Zcash figures for on-chain volume and transaction count reflect data collected for transparent transactions only. In the last month, 10.5% (11/18/17) of ZEC transactions were shielded, and these are excluded from the analysis due to their private nature. Thus transaction volume figures in reality are higher than the estimate presented here, and NVT and exchange to transaction value lower. Data on shielded and transparent transactions can be found here and here. Decred data doesn’t include tickets and voting transactions. Monero transaction volume is impossible to calculate due to RingCT which hides transaction amounts.
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Description: The "Ethereum Price USD (2018-2023)" dataset on Kaggle presents a comprehensive collection of historical Ethereum cryptocurrency price data in USD from the year 2018 to 2023. This dataset serves as a valuable resource for researchers, analysts, and enthusiasts interested in studying the trends and patterns of Ethereum's price movement over the years.
The dataset is carefully curated and includes daily price data for Ethereum, one of the leading cryptocurrencies in the market. Each entry in the dataset contains essential information, such as the date, closing price, and trading volume, enabling users to perform a wide range of analyses and gain insights into Ethereum's market behavior.
It includes the following columns:
Date: This column represents the date on which the price data was recorded. It typically follows the format of YYYY-MM-DD (year-month-day), indicating the specific day for which the price information is provided.
Price: The "Price" column contains the closing price of Ethereum on the corresponding date. It represents the value at which Ethereum was traded at the end of the trading day in USD.
Open: The "Open" column denotes the opening price of Ethereum on the given date. It signifies the price at which the first trade occurred on that day.
High: The "High" column shows the highest price of Ethereum recorded on the date. It represents the peak price level reached during the trading session.
Low: The "Low" column displays the lowest price of Ethereum recorded on the date. It indicates the minimum price level reached during the trading session.
Vol. (Volume): The "Volume" column represents the trading volume of Ethereum on the date. It reflects the total number of Ethereum coins traded during the entire trading session.
Change %: The "Change %" column provides the percentage change in Ethereum's price from the previous trading day's closing price to the current day's closing price. It shows how much the price has increased or decreased in percentage terms.
Key Features: 1. Timeframe: The dataset spans from the year 2016, capturing the early stages of Ethereum's existence, up to the current year 2023. This extensive temporal coverage allows users to observe how Ethereum's price has evolved over time, through both bullish and bearish market conditions.
Price Data: For each date in the dataset, the closing price of Ethereum in USD is provided. This data is crucial for analyzing price trends, volatility, and identifying significant price movements.
Trading Volume: In addition to price information, the dataset also includes daily trading volume, enabling users to assess the liquidity and trading activity surrounding Ethereum on any given day.
Potential Use Cases: The "Ethereum Price USD (2018-2023)" dataset opens up a wide range of possibilities for data analysis and research. Some potential use cases include:
Trend Analysis: Researchers can use this dataset to identify long-term price trends, recurring patterns, and cycles in Ethereum's price movement.
Volatility Assessment: Traders and analysts can study the volatility of Ethereum's price over different time periods and understand its impact on market sentiment.
Event Correlation: By combining this dataset with external event data, users can explore correlations between specific events (e.g., technological developments, regulatory changes) and Ethereum's price fluctuations.
Predictive Modeling: Data scientists and machine learning enthusiasts can use this dataset to build predictive models for forecasting Ethereum's future price movements.
Investment Strategy: Investors can analyze historical price data to make informed decisions about Ethereum's potential as an investment asset.
Data Source: The "Ethereum Price USD (2018-2023)" dataset is sourced from reliable and reputable cryptocurrency exchanges and market data providers. Users can be confident in the accuracy and quality of the data, ensuring the reliability of their analyses and insights.
Note: As with any financial dataset, users are advised to exercise caution and perform their due diligence when using this data for investment decisions or any other financial purposes. Historical price data may not guarantee future performance, and cryptocurrency markets can be highly volatile.
Disclaimer: The dataset provided on Kaggle is intended for informational and educational purposes only. The uploader and Kaggle are not responsible for any financial or investment decisions made based on the data. Users are encouraged to seek professional financial advice before making any investment decisions.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The following dataset contains the attributes:
Date: Specific date to be observed for the corresponding price.
Open: The opening price for the day
High: The maximum price it has touched for the day
Low: The minimum price it has touched for the day
Close: The closing price for the day
percent_change_24h: Percentage change for the last 24hours
Volume: Volume of Bitcoin traded at the date
Market Cap: Market Value of traded Bitcoin
On August 3, 2021, the total value of cryptocurrencies traded globally within ** hours amounted to about **** trillion U.S. dollars, while cryptocurrencies traded on South Korean crypto exchanges reached around *** trillion U.S. dollars. South Korean exchanges accounted for about *** percent of the global transaction volume that day.
This dataset includes daily historical price data for Bitcoin (BTC-USD) from 2014 to 2025, obtained through web scraping from the Yahoo Finance page using Selenium. The primary data source can be accessed at Yahoo Finance - Bitcoin Historical Data . The dataset contains daily information such as opening price (Open), highest price (High), lowest price (Low), closing price (Close), adjusted closing price (Adj Close), and trading volume (Volume).
About Bitcoin: Bitcoin (BTC) is the world's first decentralized digital currency, introduced in 2009 by an anonymous creator known as Satoshi Nakamoto. It operates on a peer-to-peer network powered by blockchain technology, enabling secure, transparent, and trustless transactions without the need for intermediaries like banks. Bitcoin's limited supply of 21 million coins and its growing adoption have made it a popular asset for investment, trading, and as a hedge against inflation.
We are excited to share this dataset and look forward to seeing the insights it can provide. We hope it will inspire collaboration and innovation within the community. By leveraging this daily data, we can explore trends, develop predictive models, and design innovative trading strategies that deepen our understanding of Bitcoin's market behavior. Together, we can unlock new opportunities and contribute to the collective advancement of cryptocurrency research and analysis.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
In March 2024 Bitcoin BTC reached a new all-time high with prices exceeding 73000 USD marking a milestone for the cryptocurrency market This surge was due to the approval of Bitcoin exchange-traded funds ETFs in the United States allowing investors to access Bitcoin without directly holding it This development increased Bitcoin’s credibility and brought fresh demand from institutional investors echoing previous price surges in 2021 when Tesla announced its 15 billion investment in Bitcoin and Coinbase was listed on the Nasdaq By the end of 2022 Bitcoin prices dropped sharply to 15000 USD following the collapse of cryptocurrency exchange FTX and its bankruptcy which caused a loss of confidence in the market By August 2024 Bitcoin rebounded to approximately 64178 USD but remained volatile due to inflation and interest rate hikes Unlike fiat currency like the US dollar Bitcoin’s supply is finite with 21 million coins as its maximum supply By September 2024 over 92 percent of Bitcoin had been mined Bitcoin’s value is tied to its scarcity and its mining process is regulated through halving events which cut the reward for mining every four years making it harder and more energy-intensive to mine The next halving event in 2024 will reduce the reward to 3125 BTC from its current 625 BTC The final Bitcoin is expected to be mined around 2140 The energy required to mine Bitcoin has led to criticisms about its environmental impact with estimates in 2021 suggesting that one Bitcoin transaction used as much energy as Argentina Bitcoin’s future price is difficult to predict due to the influence of large holders known as whales who own about 92 percent of all Bitcoin These whales can cause dramatic market swings by making large trades and many retail investors still dominate the market While institutional interest has grown it remains a small fraction compared to retail Bitcoin is vulnerable to external factors like regulatory changes and economic crises leading some to believe it is in a speculative bubble However others argue that Bitcoin is still in its early stages of adoption and will grow further as more institutions and governments recognize its potential as a hedge against inflation and a store of value 2024 has also seen the rise of Bitcoin Layer 2 technologies like the Lightning Network which improve scalability by enabling faster and cheaper transactions These innovations are crucial for Bitcoin’s wider adoption especially for day-to-day use and cross-border remittances At the same time central bank digital currencies CBDCs are gaining traction as several governments including China and the European Union have accelerated the development of their own state-controlled digital currencies while Bitcoin remains decentralized offering financial sovereignty for those who prefer independence from government control The rise of CBDCs is expected to increase interest in Bitcoin as a hedge against these centralized currencies Bitcoin’s journey in 2024 highlights its growing institutional acceptance alongside its inherent market volatility While the approval of Bitcoin ETFs has significantly boosted interest the market remains sensitive to events like exchange collapses and regulatory decisions With the limited supply of Bitcoin and improvements in its transaction efficiency it is expected to remain a key player in the financial world for years to come Whether Bitcoin is currently in a speculative bubble or on a sustainable path to greater adoption will ultimately be revealed over time.
Crypto 24h trading volume declined as 2023 progressed, with figures being ********* lower than in 2022. The decline follows after Binance - one 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 contrasts with 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 2023 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. As of May **, 2025, the 24h trading volume stands at *****.