NewsSignals AI analysis·Crypto Briefing·
Grayscale says the US accounts for only 15-20% of global crypto activity
Grade Abullish AI signal$BTC$ETH
Grayscale estimates the US accounts for just 15-20% of global crypto activity, highlighting how much of the market operates beyond American borders.
The research puts 36% of Bitcoin hashrate and 31% of Ethereum full nodes in the US, while the domestic crypto economy contracted 2.2% year-over-year as of June 2026.
International adoption trends could increasingly drive crypto network growth, while US regulation and ETF inflows may still influence network security and market prices.
Bullish strength: 55/100
- An estimated 80-85% of global crypto activity occurs outside the US, indicating a broad international user base.
- Grayscale identifies continued growth abroad in stablecoin adoption and DeFi applications.
- US spot Bitcoin and Ethereum ETF inflows remain an important source of market capital.
Bearish strength: 45/100
- The US crypto economy contracted approximately 2.2% year-over-year as of June 2026.
- US energy and regulatory policy can affect Bitcoin network security given the country's 36% share of hashrate.
- US spot ETF inflows remain an important market channel, leaving prices exposed to changes in American investor demand.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.