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A new study by cryptocurrency data aggregator CoinGecko is revealing the top 10 states in the US searching for Bitcoin () and Ethereum () the most on the website.
examines the two leading crypto assets’ web traffic on CoinGecko between May 2nd and August 21st and reveals that the highest interest in Bitcoin and Ethereum was in California followed by Illinois and New York in second and third positions, respectively.
According to the new study, California registered more than a third of all the Bitcoin and Ethereum web traffic on CoinGecko.
“Surpassing all states, California makes up 43% of total Bitcoin and Ethereum web page traffic on CoinGecko, in the United States, signaling the highest interest in these cryptocurrencies.
Following California, other contenders in the top 10 are Illinois, New York, Florida, Washington, Pennsylvania, Texas, Virginia, Georgia and Arizona.”
In 20 states, Bitcoin was heavily dominant and recorded an average market share of 76%. Some of the states where Bitcoin had a market share of over 75% include California, Illinois, Pennsylvania, Georgia, Oregon, Utah, Maryland and Massachusetts.
Ethereum, however, had a larger market share than Bitcoin in Colorado, Wisconsin, New Jersey and Florida, according to the CoinGecko study.
