Will Cryptocurrency Users Hit One Billion by 2024? 😱
Bitfinex analysts suggested global crypto users could surge to 850-950 million by 2024 if #bullish market trends persist.
Despite crypto's challenges in 2023, #optimism prevails, fueled by a rise from 432 million to 575 million users by Dec. 1. They emphasized this growth hinged on market conditions and showcased a burgeoning interest in cryptocurrencies.
Highlighting potential advancements, they mentioned a Bitcoin ETF's approval could lead to substantial market inflows. Grayscale's CEO echoed this sentiment, anticipating a Bitcoin ETF's approval to unlock a vast US market valued at $30 trillion.
Statista, alongside Bitfinex, projected crypto user #growth , estimating figures to hit approximately 833 million in 2024 and nearly 992 million by 2028.