US Dominates Fiat-to-Crypto Transactions with $2.4 Trillion Volume
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Market Dominance: The U.S. leads the fiat-to-crypto transactions with a staggering total volume of approximately $2.4 trillion, significantly surpassing other markets and highlighting its crucial influence on global crypto demand.
- Bitcoin Preference: In the U.S., Bitcoin accounts for 41% of all fiat-to-crypto transactions, indicating a strong investor preference for Bitcoin, which not only solidifies its status as the primary crypto asset but also shapes investment trends globally.
- Regional Disparities: In contrast to the U.S., South Korea and Türkiye exhibit lower Bitcoin dominance, suggesting that investor behavior in these regions is more diversified, potentially favoring alternative cryptocurrencies, which impacts their market structure and liquidity.
- Global Dynamics: The close correlation between U.S. fiat inflows and Bitcoin dominance indicates that as long as American investors continue to channel significant fiat into Bitcoin, the dynamics of the global crypto market will remain heavily influenced by U.S. capital flows and Bitcoin-centric demand patterns.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






