More Than 500M New Consumers Could Buy Crypto By 2030

  • An estimated 500 million more investors will enter the financial market by 2030.
  • In 2017, there were only less than 7 million crypto investors.
  • The price of Bitcoin is currently $22k per unit.

According to a news story shared by economic and macro analyst Alex Krüger, 500 million more investors will enter the financial market by 2030, bringing the total number of investors to 2.6 billion, according to his calculations.

According to the data in the study, a new layer of investors will develop in Asian and African countries. The two primary regions that provided most of the capitalization for the cryptocurrency market previously were Europe and America, with Asia’s participation just catching up.

If the total number of cryptocurrency investors reaches 2.6 billion by 2030, then the market would be worth an estimated $27 trillion. This is a significant increase from the current $1.4 trillion market capitalization.

500 million more people investing in cryptocurrency by 2030 is a huge number, but it’s not unrealistic. The study shows that the number of people who own cryptocurrency has been growing steadily over the past few years.

In 2017, there were only less than 7 million crypto investors and a further 126 cryptocurrencies in existence. By 2020, that number had grown to 40 million. If the trend continues, then Krüger’s estimate is certainly possible.

According to Coinmarketcap, Over the last seven days, both BTC and ETH have done well. Over the previous week, the value of BTC and ETH increased by over 9.8% and 14%. The price of Bitcoin is $22,159 per unit, while that of Ethereum is $1,756 per unit. This is a significant growth in value compared to the past years.

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Godfrey Mwirigi is an enthusiastic crypto writer with an interest in Bitcoin, blockchain, and technical analysis. With a focus on daily market analysis, his research helps traders and investors alike. His particular interest in digital wallets and blockchain aids his audience in their day-to-day endeavors.

programmer & freelance writer