Crypto in the UK growing faster than anywhere else - IT-Online

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Crypto in the UK growing faster than anywhere else - IT-Online
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Crypto in the UK growing faster than anywhere else - see the numbers from BitcoincasinoIo ~

The global crypto market is expected to gross $37,8-billion in revenue this year – 105% more than in 2022 – and almost half of that value will come from the the world’s largest crypto market, the US.

Research from BitcoinCasino.com suggests that the UK has the fastest-growing crypto industry among the top five markets with its revenue surging by a massive 125% YoY to $1,89-billion in 2023. Statista data shows the UK’s crypto trade per user value was more than $91 700, or 25% higher than in the US which saw nearly $73 300 worth of transactions. The surging crypto trading activity and the rising number of people using and investing in digital coins have turned the UK into the fastest-growing crypto industry in 2023.

Japan and Canada follow with 108,7% and 107,5% YoY crypto revenue growth respectively, while Germany is the only market among the top five forecast to see a double-digit growth of 72,1% this year.

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