Global Crypto Trading to Exceed $108 Trillion by 2024, Driven by US and Europe

Global cryptocurrency trading is on the rise, with a study from CoinWire predicting industry trading volumes will exceed $108 trillion by the end of 2024. This estimate represents a 90% increase compared to 2022. The United States is leading with a projected crypto trading volume surpassing $2 trillion. While the US may lead in trading volume, Europe dominates in global cryptocurrency transaction value, accounting for 37.32%. Europe has been proactive in shaping its cryptocurrency industry through regulations, providing clear guidelines for traders and exchanges. The European Union’s landmark Markets in Crypto-Assets Regulation partially came into effect on June 30, focusing