- A recent study has revealed a major milestone, surpassing 100 million users in the global crypto market.
According to the latest study, the bull season in crypto markets has also been reflected in the number of users, whose number is growing significantly this year.
The study was published by the crypto.com trading platform, which tracked data from up to 24 of the most popular cryptocurrency exchanges.
On the graph, which shows the development since June 2020, we can see how these numbers have consistently increased, as well as the break that January this year brought. In January 2021, for the first time in history, there were more than 100 million users in the global crypto market.
The study also provided an insight into the global crypto user growth rate, which is attributed mainly to the Bitcoin rally.
With the rising price of Bitcoin, the growth of new users increased by as much as 15.7% in January.
Analysts explained this crypto boom really aptly “Btc rally was fueled by existing users and sustained by new users”.
Read also: Bitcoin futures volume and also CME ether futures volume have reached the new ATH
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