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The United States has long been one of the world's largest economies, exerting considerable influence on the global economy and often helping to shape economic policy around the world. It is not surprising that the country dominates the Bitcoin market and the cryptography market in the same way as other financial markets.
A new report on the global distribution of cryptographic operators based on trade traffic shows that not only are the United States the dominant country in all cryptographic exchanges, they have more cryptographic traders than the five countries behind.
Bitcoin Traders Around the World: the United States Leads Cryptographic Load
In a new report released by the Cryptocurrency Analysis Company and Blockchain Datalight, the company disclosed the results of a detailed badysis of the global distribution of Bitcoin and Altcoin traders by country. The search looked at traffic on the website "among the top 100 most popular cryptographic exchanges" to determine rank.
The report reveals that "as expected", the United States leads crypto-trading "by far". Bitcoins and other Forever traders in the country record more than 22 million visits per month.
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The United States is another of the world's largest economies, followed by more than six million traders a month. Japan has also been the scene of numerous hacking attempts over the past two years, and the abundance of cryptographic traders in the country may be a part of it.
Image reproduced with the kind permission of Datalight
Korea, the third country of origin, is home to Samsung and other technology-advancing companies that have recently become familiar with cryptographic space. Korea is also home to many cryptocurrency projects, such as ICON (ICX).
The United Kingdom follows in 4th place, with just under 4 million monthly cryptographic traders. Russia and Brazil ranked 5th and 6th, respectively, with 3.1 million crypto traders each month.
The United States and its 22.26 million monthly cryptographic traders represent more active traders than Japan, Korea, the United Kingdom, Russia and Brazil combined, which shows how much the United States is dominant economy.
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China is largely absent from the list, although it is an economic superpower and a large population. China tightly controls how its citizens interact with the Internet and has not welcomed the new financial technology and the new badet clbad, which could explain why the country is missing data.
The rest of the 20 countries most exported monthly to crypto-traders has about 1 to 2 million monthly users.
In the United States, the number of crypto traders suggests that about 6.7% of the country's population actively trades cryptocurrencies, according to the data.
Selected image of Shutterstock
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