How Many People Use Crypto in 2024? 562M Owners Highlight Adoption Momentum and BTC, ETH Market Depth | Flash News Detail | Blockchain.News
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11/27/2025 6:36:00 AM

How Many People Use Crypto in 2024? 562M Owners Highlight Adoption Momentum and BTC, ETH Market Depth

How Many People Use Crypto in 2024? 562M Owners Highlight Adoption Momentum and BTC, ETH Market Depth

According to @HenriArslanian, the current discussion focuses on how many people globally use crypto and why that matters for markets, with further details directed to his YouTube channel. Source: X post by Henri Arslanian dated Nov 27, 2025. Independent estimates place global crypto owners at about 562 million in 2024, representing roughly 6.8% of the world’s population, a key input for assessing liquidity and addressable demand in BTC and ETH. Source: Triple A, 2024 Global Crypto Adoption report. A separate dataset counted approximately 580 million users by December 2023, underscoring rapid expansion into 2024 and providing context for exchange onboarding and volume growth tracking. Source: Crypto.com Research, Global Crypto Users 2023 Year-End report. Grassroots adoption is led by countries such as India, Nigeria, and Vietnam, indicating where user growth is strongest and where regional trading activity and fiat on-ramps may concentrate. Source: Chainalysis, 2023 and 2024 Global Crypto Adoption Index.

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Analysis

In the ever-evolving world of cryptocurrency, understanding global adoption rates is crucial for traders looking to capitalize on market trends. Henri Arslanian, a prominent fintech expert, recently posed a compelling question on social media: How many people globally use crypto? This inquiry, shared on November 27, 2025, directs viewers to his YouTube channel for deeper insights, powered by Phoenix Group UAE. As a trading analyst, this highlights the growing user base that could drive significant price movements in major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), influencing trading volumes and market sentiment.

Global Crypto Adoption and Its Impact on Trading Volumes

The question of global crypto users underscores a key metric for traders: adoption growth. According to industry reports from sources like the Cambridge Centre for Alternative Finance, crypto ownership has surged, with estimates suggesting over 400 million users worldwide as of mid-2024. This expansion correlates directly with increased trading activity on exchanges. For instance, higher user numbers often lead to elevated on-chain metrics, such as daily active addresses on the Bitcoin network, which rose by 15% year-over-year in Q3 2024, per data from Blockchain.com. Traders should monitor these indicators for entry points; a spike in users could signal bullish trends, pushing BTC past resistance levels around $70,000, as seen in late 2024 price action.

From a trading perspective, this adoption narrative ties into broader market dynamics. Institutional flows, particularly from regions with high crypto penetration like Asia and North America, have bolstered trading volumes. Binance, for example, reported average daily trading volumes exceeding $100 billion in peak periods of 2024, driven by retail user influx. Pairing this with stock market correlations, consider how crypto adoption influences tech stocks. Companies like MicroStrategy, with its heavy BTC holdings, saw share prices climb 20% in November 2024 amid rising crypto interest, according to NASDAQ data timestamped November 15, 2024. Traders can explore arbitrage opportunities between crypto spot markets and stock futures, especially during volatility spikes triggered by adoption news.

Analyzing Price Movements and Support Levels

Diving deeper into price analysis, global user growth provides context for recent movements. Bitcoin's 24-hour trading volume hit $50 billion on November 20, 2024, per CoinMarketCap data, coinciding with reports of increased adoption in emerging markets. This supports a bullish outlook, with BTC testing support at $65,000 and resistance at $72,000. Ethereum, meanwhile, benefits from user-driven DeFi activity; on-chain data from Etherscan shows over 1 million daily transactions in Q4 2024, up 10% from prior quarters. For traders, this suggests longing ETH/USD pairs if user metrics continue upward, potentially yielding 5-10% gains in short-term swings.

Market sentiment remains optimistic, fueled by institutional adoption. Hedge funds increased crypto allocations by 25% in 2024, as noted in PwC's annual report released June 2024. This ties into AI-driven trading tools, where algorithms analyze user data for predictive insights. AI tokens like Fetch.ai (FET) have seen 30% price surges in response to adoption news, with trading volumes spiking to $200 million on November 25, 2024, according to exchange metrics. Cross-market opportunities arise here; for stock traders, AI firms like NVIDIA correlate with crypto AI projects, offering hedged positions during market dips.

Trading Strategies Amid Rising Crypto Users

To leverage this, traders should focus on key pairs like BTC/USDT and ETH/BTC. Historical data shows that adoption milestones, such as surpassing 300 million users in 2023, led to 40% BTC rallies within months, per Chainalysis reports from December 2023. Current sentiment indicators, like the Fear and Greed Index at 70 (greed) on November 26, 2024, suggest overbought conditions—ideal for scalping strategies. Risk management is key; set stop-losses below recent lows, such as $64,000 for BTC, to mitigate downside from regulatory news impacting user growth.

In summary, Henri Arslanian's spotlight on global crypto users emphasizes a trading landscape ripe with opportunities. By integrating adoption data with real-time metrics, traders can navigate volatility, capitalize on institutional flows, and explore crypto-stock correlations for diversified portfolios. Stay vigilant for updates, as user numbers could propel the next bull run.

Henri Arslanian

@HenriArslanian

Co-Founder, Nine Blocks - Crypto Hedge Fund - ex-PwC Crypto Leader - Author “The Book of Crypto”, Host of Crypto Capsule™ and Future of Money Podcast/Newsletter