Asia takes the lead in crypto market data with 47% returns over the past year, outpacing US and EU

In the crypto market data, the total returns in the Asian session are higher than those in the US and ￰0￱ Asian session recorded approximately 47% over the past year, with the US and EU close behind at about 31% and 29%, ￰1￱ to Ryan Lee, chief analyst at Bitget, the primary reason for this uptick is regulatory clarity in Hong Kong, boosting institutional and stablecoin ￰2￱ Kong currently offers greater regulatory clarity and a commercially viable framework for crypto compared to the EU and US, which are still navigating fragmented or inconsistent ￰3￱ the US has passed some bills, there is still work to ￰4￱ instance, as reported by Cryptopolitan, Coinbase, a US crypto exchange, asked for the US Department of Justice (DOJ) intervention against state-level enforcement of crypto ￰5￱ a petition, Coinbase said that a patchwork of lawsuits and licensing schemes is tearing America’s crypto market apart.

Also, Hong Kong’s “nuanced classification” distinguishes token types, allowing only high-risk activities with stringent oversight, unlike the EU’s uniform licensing under MiCA. A recent Fireblocks report shows 56% of Asia-based firms actively use stablecoins, while another 40% are preparing to ￰6￱ places Asia far ahead of Europe and North America in this ￰7￱ saw a 69% increase year-over-year in crypto trade The crypto market is changing around the world, and Asia is at the front of the ￰8￱ has become the fastest-growing area for crypto activity this year, beating out both the US and Europe in terms of trading volume, institutional adoption, and individual participation.

A recent study by CryptoQuant found that the Korea Premium Index, which shows how much more Bitcoin trades on Korean exchanges than on world averages, has been positive all year, ranging from 1.5% to 8%. The steady rise in the number shows that Korean buyers are buying and selling a ￰9￱ Bitcoin Exchange Reserve Ratio, on the other hand, shows a clear flow of capital ￰10￱ compares US-based exchanges to offshore ￰11￱ ratio dropped from 0.10 in late 2024 to -0.24 by September ￰12￱ shows that more and more institutional and private capital is going to offshore platforms like OKX and ￰13￱ from Chainalysis show a 69% year-over-year growth in APAC commerce, from $1.4 trillion in June 2024 to $2.36 trillion in June ￰14￱ those nations that have contributed to Asia-Pacific being the fastest-growing crypto market this year are South Korea, Vietnam, Pakistan, and ￰15￱ growth in different regions.

Sources: Chainanalysis The divergence in returns between the East and the West could also be due to the driver of the underlying ￰16￱ to Jeffrey Ding, chief analyst at HashKey Group, while institutional flows remain dominant in the US and EU, Asian markets are still more ￰17￱ naturally brings higher volatility and a stronger speculative ￰18￱ affirm the US influence in the crypto industry However, according to analysts, the US still plays a pivotal role in shaping how this cycle ￰19￱ is because of positive expectations around liquidity and US ￰20￱ factors that affect this include global dollar liquidity, Federal Reserve decisions, and regional regulatory environments.

That’s what will decide how long this cycle ￰21￱ Ding also said that a rise in Asian speculative flows might cause the US and EU to take a step back for a while, but it might not be enough to change the long-term trajectory of institutional ￰22￱ up to $30,050 in trading rewards when you join Bybit today