How big is crypto growth?

Rising inflation and the potential for even more stimulus continues to push people to safe-haven assets . Increased adoption from payment applications like PayPal will give far more people easy access to cryptocurrency. Publicly traded companies purchasing Bitcoin shows a high level of confidence in its appreciation.

How Does Cryptocurrency Gain Value? Cryptocurrency can gain value on exchange platforms. It increases in value based on supply and demand . The supply of a cryptocurrency depends on how many new coins are being mined and how many current owners want to sell their coins.

The global cryptocurrency market size was valued at $1.49 billion in 2020, and is projected to reach $4.94 billion by 2030, growing at a CAGR of 12.8% from 2021 to 2030 . Cryptocurrency is known as virtual currency.