The study shows that in 2030, more than 500 million people will use cryptocurrencies

According to a report published by economist and macro analyst Alex Krueger, at least 500 million people will own cryptocurrencies by 2030. They will be high- and middle-income consumers who will trigger the next growth of the market.

The report specifies that the growth in absolute numbers will be driven by consumers in the Asian and African regions. Previously, the two main regions that accounted for the majority of the cryptocurrency market capitalization were Europe and America.

Who will buy crypto going forward? They will. There would be more than 500 million more middle and high income consumers by 2030. pic.twitter.com/84PtZtDCM8

— Alex Krüger (@krugermacro) September 11, 2022

The bullish trend that everyone expects in 2024 at the latest will most likely be initiated by investors from the aforementioned regions, but Europe and America will continue to have a huge impact on the rallies that everyone expects after monetary policy easing around the world and the end of base rate hikes by institutions like the Fed.