Which are the crypto-friendly countries where traders have earned the most with cryptocurrencies in 2023? According to the Chainalysis report, the first place goes to the United States.
Crypto-friendly countries and cryptocurrency traders’ earnings in 2023
The Geography of Cryptocurrency Report 2023 by Chainalysis reveals which are the crypto-friendly countries where traders have earned the most in 2023.
Overall, estimates for 2023 indicate that crypto traders have earned a total of $37.6 billion with cryptocurrencies.
A figure far from the 159.7 billion dollars achieved in 2021, the year in which Bitcoin reached its previous ATH – All Time High. But also a figure that makes the crypto market resilient after the losses of 2022, estimated at 127.1 billion dollars, the year of the “crypto winter”.
With this scenario, Chainalysis also notes that crypto traders in 2023 seem to have been less inclined to convert cryptocurrencies into cash, precisely because of the
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