Worldwide Crypto Activity Surges Past 2021 Levels, One Region Takes Lead
- US spot Bitcoin ETFs, rising stablecoin use and a global DeFi boom have propelled the current cryptocurrency bull run, with activity surpassing 2021 levels.
- The CSAO region, particularly Singapore, Indonesia and India, shows robust institutional and DeFi engagement, ranking third globally for crypto value received.
- After a market rally led by Trump’s electoral victory, Bitcoin reached new highs but recently corrected due to significant selling, with 728,000 BTC sold off.
- Amid regulatory advances in the UK and Morocco and discussions on US oversight shifts, the global crypto market maintains strong bullish prospects into 2025.
The success of the US Spot Bitcoin exchange-traded funds (ETFs), increasing…
