More than $30 billion invested in cryptocurrency in six months, despite the crisis - more than the entire 2021

In the first six months of this year, investors spent more money in cryptocurrency than in the entire year 2021.

What we know

As we can see, investors' faith remained unshaken despite the crisis in the cryptocurrency market. From January 1 to June 30, 2022, the value of Bitcoin dropped from $47,700 to $19,800 (-58.5%). Ethereum fell from $3770 to $1070 (71.4%).

In the first six months of 2022, investors spent $30.3 billion buying digital assets. Centralized venues were the most popular destination, attracting $10.2 billion. Decentralized venues attracted nearly six times less, at $1.8 billion.

In the decentralized finance segment, Ethereum leads. The share of protocols in the first and second quarters of 2022 was 56% and 82%, respectively. Meanwhile, Ethereum is losing ground in the area of non-interchangeable tokens.

Source: Messari