Consumers from countries in Africa, Asia, and South America were most likely to be an owner of cryptocurrencies, such as Bitcoin, in 2024. This conclusion can be reached after combining 55 different surveys from the Statista's Consumer Insights over the course of that year. Nearly one out of three respondents to Statista's survey in Nigeria, for instance, mentioned they either owned or use a digital coin, rather than six out of 100 respondents in the United States. This is a significant change from a list that looks at the Bitcoin (BTC) trading volume in 44 countries: There, the United States and Russia were said to have traded the highest amounts of this particular virtual coin. Nevertheless, African and Latin American countries are noticeable entries in that list too. Daily use, or an investment tool? The survey asked whether consumers either owned or used cryptocurrencies but does not specify their exact use or purpose. Some countries, however, are more likely to use digital currencies on a day-to-day basis. Nigeria increasingly uses mobile money operations to either pay in stores or to send money to family and friends. Polish consumers could buy several types of products with a cryptocurrency in 2019. Opposed to this is the country of Vietnam: Here, the use of Bitcoin and other cryptocurrencies as a payment method is forbidden. Owning some form of cryptocurrency in Vietnam as an investment is allowed, however. Which countries are more likely to invest in cryptocurrencies? Professional investors looking for a cryptocurrency-themed ETF were more often found in Europe than in the United or China, according to a survey in early 2020. Most of the largest crypto hedge fund managers with a location in Europe in 2020, were either from the United Kingdom or Switzerland - the country with the highest cryptocurrency adoption rate in Europe according to Statista's Global Consumer Survey. Whether this had changed by 2021 was not yet clear.

In 2023, a country ranking that estimates crypto adoption based on transaction volume placed Malaysia in the top 30 in the world. Nevertheless, Malaysia fell slightly behind when it comes to retail centralized service value. Meanwhile, Malaysia was in the 40th place based on its P2P exchange trade volume. Peer-to-peer (P2P) crypto exchanges are a type of crypto exchange that let users trade cryptocurrencies with one another without the influence of a mediator, such as banks or other regulatory bodies.

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The CAPIVIX Index gives crypto traders something traditional markets have long relied on - a clear measure of expected market volatility. Think of it as the VIX for Bitcoin and Ethereum, showing what the market anticipates for price swings over the next 30 days.

This crypto volatility index tracks market sentiment for BTC/USD and ETH/USD pairs by analyzing options data from major derivatives exchanges. When CAPIVIX rises, it signals increased uncertainty and potential turbulence ahead. When it falls, markets are expecting calmer conditions.

What makes CAPIVIX valuable is its methodology - we've adapted the widely-trusted VIX calculation approach to work specifically with cryptocurrency options. This gives you a standardized way to gauge market anxiety or confidence across different market conditions.

The index updates continuously throughout trading hours, incorporating real-time options pricing to reflect the market's evolving risk perception. For traders and investors looking to understand market sentiment beyond price movements alone, CAPIVIX provides that crucial additional dimension of market intelligence.

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Between 2020 and 2023, a country ranking that estimates crypto adoption based on transaction volume consistently placed the U.S. in the top 10 of the world. The figure for 2022, especially, stands out as it broke a declining trend in 2021 and was likely caused by the change of the methodology to now include Decentralized Finance (DeFi) in the index. For example, the United States ranked second in the world when it comes to on-chain retail value received from DeFi protocols - or consumers who were buying certain DeFi protocols. This may refer to the growing use of OpenSea and other Web3 wallets within the U.S. particularly in the first months of 2022.

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.

CoinAPI's Crypto Indices Data Feed delivers two powerful market benchmarks: VWAP (Volume-Weighted Average Price) and PRIMKT (Principal Market Price) index. Updated every 100ms across 350+ exchanges, these institutional-grade indexes provide essential price discovery tools meeting diverse market needs.

The VWAP index aggregates 24-hour trading activity, weighting prices by volume across multiple exchanges to deliver a comprehensive market view. This methodology captures true market dynamics by incorporating both price movements and trading liquidity, providing a reliable benchmark for trading decisions and portfolio valuations.

The PRIMKT index focuses on principal trading venues with the highest volumes for each asset pair, offering precise price discovery at any given moment. Designed to meet IFRS 13 and FASB ASC 820 standards, it serves as a compliant benchmark for fair value measurement and financial reporting. This makes it particularly valuable for institutions requiring standards-compliant valuations and financial statements.

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Market Coverage & Data Types: - Real-time and historical data since 2010 (for chosen assets) - Market indexes (VWAP, PRIMKT) - 13 Data Sources - +7k indexes tracked - +2k assets covered - Full order book depth (L2/L3) - Tick-by-tick data - OHLCV across multiple timeframes - Exchange rates with fiat pairs - Spot, futures, options, and perpetual contracts - Coverage of 90%+ global trading volume

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Bitcoin (BTC) price again reached an all-time high in 2024, as values exceeded over 73,000 USD in March 2024. That particular price hike was connected to the approval of Bitcoin ETFs in the United States, whilst previous hikes in 2021 were due to events involving Tesla and Coinbase, respectively. Tesla's announcement in March 2021 that it had acquired 1.5 billion U.S. dollars' worth of the digital coin, for example, as well as the IPO of the U.S.' biggest crypto exchange fueled mass interest. The market was noticably different by the end of 2022, however, with Bitcoin prices reaching roughly 87,471.70 as of March 25, 2025 after another crypto exchange, FTX, filed for bankruptcy.Is the world running out of Bitcoin?Unlike fiat currency like the U.S. dollar - as the Federal Reserve can simply decide to print more banknotes - Bitcoin's supply is finite: BTC has a maximum supply embedded in its design, of which roughly 89 percent had been reached in April 2021. It is believed that Bitcoin will run out by 2040, despite more powerful mining equipment. This is because mining becomes exponentially more difficult and power-hungry every four years, a part of Bitcoin's original design. Because of this, a Bitcoin mining transaction could equal the energy consumption of a small country in 2021.Bitcoin's price outlook: a potential bubble?Cryptocurrencies have few metrices available that allow for forecasting, if only because it is rumored that only few cryptocurrency holders own a large portion of available supply. These large holders - referred to as 'whales' - are said to make up of two percent of anonymous ownership accounts, whilst owning roughly 92 percent of BTC. On top of this, most people who use cryptocurrency-related services worldwide are retail clients rather than institutional investors. This means outlooks on whether Bitcoin prices will fall or grow are difficult to measure, as movements from one large whale already having a significant impact on this market.

The United Kingdom was believed to be in the top 20 countries in the world in 2022 with regard to crypto adoption. This is according to a model based on website traffic patterns from individual websites used for cryptocurrency transactions. The UK ranks consistently in the top 20 throughout the years under consideration, although its P2P activities seem to lower its global ranking when compared to countries from Asia.

Graph and download economic data for Coinbase Index (DISCONTINUED) (CBCCIND) from 2015-01-01 to 2020-05-26 about cryptocurrency, indexes, and USA.

India ranked as the main country worldwide in terms of how far developed its retail Central Bank Digital Currencies (CBDC) were, as of November 2023. This is according to a top 10 that is released once every year, tracking the development of CBDC across countries based on a development index. In earlier years, China, Nigeria and the Eastern Caribbean show up. The source left these out in the 2023 release, however, as these coins were already live or very close to being live. Note that the figures provided here are for retail CBDC, which can be held and used by both consumers and companies as a substitute for paper money or physical coins: Retail CBDC is essentially a digital substitute for fiat currency. This is different from developments found in interbank CBDC - which concerns cryptocurrencies used by financial institutions for interbank payments and financial settlement processes.

The USDRUB decreased 0.6990 or 0.83% to 83.9215 on Wednesday March 26 from 84.6205 in the previous trading session. Russian Ruble - values, historical data, forecasts and news - updated on March of 2025.

In the year 2023, Vietnam occupied the third position in the Crypto Adoption Index, out of a total of 154 nations worldwide. Within the five metrics of this ranking, the nation achieved the second position for on-chain value received and the third position for on-chain retail value received.

Prices for BTCUSD Bitcoin US Dollar including live quotes, historical charts and news. BTCUSD Bitcoin US Dollar was last updated by Trading Economics this March 1 of 2025.

Mexico ranked in the top 20 in the world in 2023 in terms of crypto adoption based on transaction volume. This is according to estimates based on web traffic toward individual websites that are used to perform cryptocurrency transactions. Notable is that Mexico slightly prefers decentralized services - such as Decentralized Finance (DeFi) over centralized services. Mexicans also increasing used crypto for P2P exchange, ranking at position 30 out of 146 in the world.

CoinAPI provides reliable and top-quality solutions for cryptocurrency custodians, delivering crypto market data, and seamless trading connectivity across 350+ global exchanges through a unified API system.

Our platform enables you to access centralized exchanges (CEX) and decentralized exchanges (DEX), offering comprehensive market coverage with real-time order execution and microsecond-precision price feeds.

➡️ Why choose us?

📊 Market Coverage & Data Types: ◦ Real-time and historical data since 2010 (for chosen assets) ◦ Full order book depth (L2/L3) ◦ Trade-by-trade data ◦ OHLCV across multiple timeframes ◦ Market indexes (VWAP, PRIMKT) ◦ Exchange rates with fiat pairs ◦ Spot, futures, options, and perpetual contracts ◦ Indices data available ◦ 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

CoinAPI serves hundreds of institutions worldwide, from trading firms and hedge funds to research organizations and technology providers. Our commitment to data quality and technical excellence makes us the trusted choice for the cryptocurrency market's data needs.

Canada is in the top 20 in the world in 2023 when it comes to crypto adoption based on transaction volume. This is according to estimates based on web traffic towards individual websites that are used to perform cryptocurrency transactions and then compared for 146 countries of website traffic origin. Notable for Canada is the high ranking of decentralized websites, especially for retail. The source does not explain why this is the case, although it might have to do with the NFT craze that still existed in the early months of 2022.

Japan EPI: CB: EE: EM: EA: Video Cameras & Digital Cameras data was reported at 38.600 2005=100 in May 2012. This records a decrease from the previous number of 38.700 2005=100 for Apr 2012. Japan EPI: CB: EE: EM: EA: Video Cameras & Digital Cameras data is updated monthly, averaging 55.200 2005=100 from Jan 2005 (Median) to May 2012, with 89 observations. The data reached an all-time high of 109.000 2005=100 in Feb 2005 and a record low of 38.600 2005=100 in May 2012. Japan EPI: CB: EE: EM: EA: Video Cameras & Digital Cameras data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I190: Export Price Index: 2005=100: Contract Currency Basis: Electric and Electronic Products.

The global user base of cryptocurrencies increased by nearly 190 percent between 2018 and 2020, only to accelerate further in 2022. This is according to calculations from various sources, based on information from trading platforms and on-chain wallets. Increasing demographics might initially be attributed to a rise in the number of accounts and improvements in identification. In 2021, however, crypto adoption continued as companies like Tesla and Mastercard announced their interest in cryptocurrency. Consumers in Africa, Asia, and South America were most likely to be an owner of cryptocurrencies, such as Bitcoin, in 2022.

How many of these users have Bitcoin?

User figures for individual cryptocurrencies are unavailable. Bitcoin, for instance, was created not to be tracked by banks and governments. What comes closest is the trading volume of Bitcoin against domestic fiat currencies. The source assumed, however, that UK residents were the most likely to make Bitcoin transactions with British pounds. This assumption might not be accurate for popular fiat currencies worldwide. On top of that, coins such as Tether or Binance Coin - referred to as "stablecoins" - are often used to buy and sell Bitcoin. Those coins were not included in that particular statistic.

Wallet usage declined

Total crypto wallet downloads were significantly lower in 2022 than in 2021. The number of downloads of Coinbase, Blockchain.com, and MetaMask, among others, declined as the market hit a "crypto winter" over the year. The crypto market also suffered bad press when FTX - one of the largest crypto exchanges based on market share - collapsed in November 2022. Binance, on the other hand, regained some of the market share it had lost between September and October 2022, growing by 0.8 percentage points in November.

The Netherlands briefly ranked in the top 10 of the world in terms of crypto adoption based on transaction volume, but this was no longer the case in 2023. This is according to estimates based on web traffic toward individual websites that are used to perform cryptocurrency transactions. The main area of use for crypto in the Netherlands is Decentralized Finance protocols, reinforcing observations that the Netherlands mostly sees crypto as an investment tool.