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Crypto Traders in US Surged 149% to 2.3 Million as Pandemic Hit

Cryptocurrency Exchanges as Bitcoin Drops Below $40,000
Photographer: Angel Garcia/Bloomberg

Roughly 2.3 million US taxpayers told the Internal Revenue Service they traded cryptocurrencies in 2020, data from the agency show. 

That’s a 149% increase from 2019, when nearly 928,000 taxpayers answered “yes” to a question of whether they had received, sold, sent or otherwise acquired virtual currency.