Cryptocurrency User Number 617 million...6.4% increase in half a year

IconCryptoNewsTerminal Staff19 Aug, 2024

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Cryptocurrency User Number 617 million...6.4% increase in half a year

CryptoSlate quoted a Crypto.com report, stating that the number of cryptocurrency holders increased by approximately 6.4% from 580 million at the end of last year to 617 million in June this year. The media analyzed, "Halving and spot ETF launches have driven the increase in BTC users. In particular, it is estimated that 388,000 to 1.6 million people invested in BTC through spot ETFs. The price of Ethereum (ETH) has also benefited from the increasing interest of institutions. Driven by the SEC's suspension of the ETH investigation and the approval of the ETH spot ETF, ETH once rose to $3,900."