Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
Bitcoin statistics
Here are the numbers you need to know about the biggest cryptocurrency.
The first digital currency and the largest to this day, Bitcoin makes up 60% of the total value of the biggest 250 cryptocurrency coins as of 19 March 2021.
Since then, Bitcoin has smashed records and has simply changed the way we think about money.
Key statistics about Bitcoin:
- 17.3 million Bitcoin are in circulation as of 10 December 2019.
- Bitcoin is unrestricted — meaning it isn’t regulated specifically — in 124 countries out of 257.
- The largest holdings in a single Bitcoin address contains 255,502 Bitcoin — or more than US$2.1 billion.
Who uses Bitcoin?
- Women comprise 12.28% of those in the Bitcoin community.
- A 2015 CoinDesk survey revealed that more than 90% of Bitcoin users are male.
- The CoinDesk survey also found that 60% of Bitcoin owners are under 35 years old, and 65.8% identify as white, followed closely by those who identify as Asian.
- Of bitcoin users, most are 25 to 34 years old (46.32%), followed by those aged 35 to 44 (26.76%).
- The most popular fiat currencies to change into Bitcoin are the US dollar and the Japanese yen.
How popular is Bitcoin?
- In the last three months of 2019, each day saw an average 310,507 confirmed Bitcoin transactions.
- More than 1.2 million Redditors subscribe to the r/Bitcoin community.
- In one day — on 7 December 2017 — there were 155.6K tweets about Bitcoin. Interest on Twitter has been dwindling, with only 15.19K Bitcoin tweets recorded on 10 December 2019.
*Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.
Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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