Market Dynamics
The regional distribution of cryptocurrencies reveals distinct market dynamics. Asia, particularly China, dominated the early market, accounting for over 90% of global trading volume. However, regulatory crackdowns and a shift in focus to Central Bank Digital Currencies (CBDCs) have reduced China’s dominance. The Americas and Europe have emerged as significant players, with growing adoption and institutional investment. The decentralized nature of cryptocurrencies allows for global reach but also exposes them to geopolitical risks and differing regulatory frameworks.