With trading volumes rising significantly, Europe is emerging as a key force driving the growth of the global cryptocurrency market.
Europe's leading position in the cryptocurrency market is becoming increasingly prominent, with its trading volume reaching 37.32% of the global total.
CoinWire's report predicts that compared with 2022, global cryptocurrency trading volume is expected to surge to 108 trillion US dollars in 2024, achieving an annual growth rate of almost 90%. Within this expected growth, the expansion of the European market is particularly significant, with transaction volume expected to increase 2.7 times compared to the previous year.
This growth not only verifies Europe’s strong momentum in the cryptocurrency space, but also highlights its important influence in the global market.