Report: BTC Daily Trading Volume Surges from $2.2B in 2020 to $12.3B This Year

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A recent report highlights Bitcoin (BTC) as the most favored digital asset among investors, maintaining its dominance in the cryptocurrency market. According to a January 25 report by CoinShares, Bitcoin inflows accounted for 97% of total cryptocurrency inflows in 2021. Key findings include:

Market Context

The surge aligns with the January 2021 crypto bull run, where institutional interest peaked. CoinShares noted a record $1.3 billion inflow into crypto investment products last week, reversing previous minor outflows.


Key Trends in Cryptocurrency Adoption

Global Insights

  1. Indonesia: Approximately 1 in 9 Indonesians owns cryptocurrency, driven by the local currency’s depreciation (GlobalWebIndex).
  2. Switzerland: 97% of Bitcoin is held by just 4% of addresses, indicating concentrated wealth distribution (Credit Suisse).

Blockchain Innovations


FAQs

Q1: Why has Bitcoin’s trading volume increased?

A: Rising institutional adoption and bullish market sentiment have driven higher liquidity and trading activity.

Q2: What percentage of crypto inflows went to Bitcoin?

A: 97% of total inflows were directed to Bitcoin in 2021.

Q3: How is blockchain impacting digital governance?

A: It enables secure, transparent systems for public services, reducing bureaucracy and fraud.


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