Bitcoin statistics Australia 2021 | 13% of Australians own Bitcoin

Bitcoin statistics Australia 2021

13% of Australians own Bitcoin

Digital Composite Image Of Cropped Hand Touching Bitcoin Icon

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The first digital currency and the largest to this day, Bitcoin makes up 60% of the total value of the biggest 250 cryptocurrency coins as of March 2021.

Bitcoin's founding is the stuff of legend: it was created in 2009 under the alias Satoshi Nakamoto - an unknown entity who thought that money shouldn't be controlled by a centralized government or agency.

The first Bitcoin hit the market in July 2010 at a cost of under $0.01. It took three years for the currency to reach over AU$300 in value, which it did in 2013. Since then, Bitcoin has smashed all records – as you can see in the chart below. On March 13, 2021, it reached a record high value of AU$79,022 per coin.

Bitcoin logo

Live Bitcoin (BTC) price


Data sourced from Binance

Bitcoin at a glance

Ticker symbolBTC
UseDigital Asset
Year released2009
Maximum supply21,000,000
Consensus algorithmProof of Work
Notable team membersSatoshi Nakamoto

Key statistics about Bitcoin:

  • 18.6 million Bitcoin are in circulation as of March 2021.
  • Bitcoin is unrestricted — meaning it isn't regulated specifically — in 131 countries out of 257.
  • Bitcoin can be mined at home, as long as can afford to run a bank of powerfull computers and provide ample cooling.
  • The largest holdings in a single Bitcoin address contains 141,452 coins — or more than US$5.4 billion.
  • The total value of all Bitcoin worldwide currently sits at over US$1,386b as can be seen in the chart below.

How prevalent is cryptocurrency in Australia?

A Finder survey of 1,004 Australians conducted in January 2021 revealed that 1 in 4 people (26%) invest in cryptocurrency. That's equivalent to 5 million digital currency investors.

What are Australians investing in?

Bitcoin is the most popular form of cryptocurrency, with 13% of Australians investing in it. This is followed by Ethereum (6%) and Ripple (5%).

Why are Australians purchasing cryptocurrency?

Almost half (45%) of cryptocurrency investors said they purchased digital currency because of its skyrocketing value. This was followed by wanting to diversify their portfolio (19%) and having a hedge against inflation (12%).

Men were far more likely to invest in cryptocurrency, with 29% of men investing compared to only 7% of women. Interestingly, men and women were both equally interested in investing in the future with 8% of both considering it.

  • As of March 2021, the average number of confirmed Bitcoin transactions per day over a 30-day period was around 330,000.
  • Approximately 2.3 million Redditors subscribe to the r/Bitcoin community.
  • In one day, on 29 January 2021, there were over 196K tweets about Bitcoin. Interest on Twitter has been dwindling, with only 76K Bitcoin tweets recorded on 7 February 2021.
  • In terms of market capitalisation, Bitcoin is the biggest by far. The second biggest crypto is Etherium which holds just 12% of the total market cap of the top 250 coins compared to Bitcoins 60%.

More guides on Finder

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