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Wednesday

23 June 2021

Bitcoin Investors in US Made $4 Billion in Profit in 2020, 4X More Than in China: Report - Decrypt

Bitcoin Investors in US Made $4 Billion in Profit in 2020, 4X More Than in China: Report - Decrypt


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Bitcoin Investors in US Made $4 Billion in Profit in 2020, 4X More Than in China: Report?

According to the report, American investors collectively gained approximately $4.1 billion on their Bitcoin investments over the course of 2020, with China coming in next at just $1.1 billion.

According to analysis within the report, United States-centric cryptocurrency exchanges saw significant inflows during 2020 that benefited from Bitcoin’s late-year surge, even if China typically has higher transaction volume.

Czech Republic is a similar example, landing at #18 on the list with $281 million in Bitcoin gains during 2020 yet ranking #54 in GDP.

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