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22 June 2021

Small countries are punching above their weight in terms of Bitcoin gains

Small countries are punching above their weight in terms of Bitcoin gains


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Emerging markets appear to be punching above their weight when it comes to Bitcoin (BTC) investment, offering further evidence of growing worldwide adoption, according to a new report from cryptocurrency analytics firm Chainalysis. .

A geographic analysis of realized Bitcoin gains revealed that investors in the United States generated $4.1 billion in returns last year, which is more than three times higher than second-ranked China, Chainalysis said.

A standout case is Vietnam, a country that ranks 53rd in GDP but 13th when it comes to realized Bitcoin gains.

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cointelegraph.com
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