2024 Crypto Boom: CoinLedger Study Unveils Over $2,000 Surge In Average Portfolio Value
Summary
In 2024, the average crypto portfolio has seen gains of $2,804, a significant increase from the less than $1,000 gains in 2023. CoinLedger's data shows a notable resurgence in unrealized gains, reflecting the market's resilience. Bitcoin and Ethereum are the top performers, with SOL, ADA, and MATIC following. Despite regulatory challenges, Binance's BNB coin remains a significant player. Bitcoin remains the most-held crypto among CoinLedger users, with a significant reduction in its exchange reserves. Over 90,700 bitcoins have been withdrawn from major crypto exchanges in the past month, indicating a shift towards long-term asset-holding strategies.
