How does the increase in crypto users affect the number of users?

The increase in crypto users shows a proportionate effect on the number of Bitcoin users, the latter of which increasing by 16 million within the same window (Crypto.com, 2021). Interestingly, Ethereum users grew only by 2 million.

Do crypto users trust cryptocurrencies?

This first-ever report with a global scope and focus on crypto retail users examines data from over 61,000 crypto users around the world, shedding light on the motivations, behaviors, and preferences of this growing audience. According to the findings, there is near-unanimous confidence in cryptocurrencies (97%) amongst users.

What are the demographics of cryptocurrency users?

Demographics of Cryptocurrency Users: The majority of cryptocurrency users are male, with a significant portion aged between 25 and 34. The number of global cryptocurrency users reached 106 million by January 2021. Bitcoin Market Dynamics: Bitcoin’s price trajectory has been rising, with over $14 billion worth of transactions conducted daily.