Which US states are most interested in crypto? Investment monitor

by Arthur · April 11, 2023

When it comes to interest in crypto in US states, the big guns of California and New York are beaten by Nevada. (Photo by BeataGFX/Shutterstock)

New data highlights that Nevada is the US state showing the most interest in cryptocurrency trading, followed by California and New York respectively, according to research conducted by cryptobetting.org, a crypto education and advisory platform. Meanwhile, Mississippi, West Virginia and Louisiana are the states showing the least interest.

The study measured and compared online search interest for crypto-related terms in each US state, revealing the top states for cryptocurrency enthusiasm in 2023.

“Cryptocurrencies started 2023 at their highest levels in months,” said a spokesperson for cryptobetting.org. “Cryptocurrency offers freedoms from traditional financial infrastructure and with its constant evolution, it’s fascinating to stay up-to-date with the places that have the most interest in this space.”

Table of Contents

1. Nevada

Nevada comes in as the state with the most interest in cryptocurrency. It scores high when you search for cryptocurrency terms, websites, apps, prices, news and advice in 2023.

The Silver State has conducted crypto-related searches at a rate of nearly 2,000 per 100,000 residents, the highest rate in the United States. In 2022, the state was announced as the “most crypto-friendly state”, according to a 2022 SmartAsset study.

2. California

California is the state that performed the second highest number of crypto searches in the US per 100,000 people. Per inhabitant, this gives just under 1,900 searches, placing it in second place on the list.

3. New York

With population proportional searches like California – just under 1,900 per 100,000 – the total crypto-related search volume of more than 360,000 ranks New York in third place.

Considered the financial capital of the United States and the home of Wall Street, it is perhaps little surprise that cryptocurrency trading is proving so popular in the state.

4. New Jersey

Just across the Hudson River from third-placed New York is fourth-placed New Jersey. Just over 1,800 crypto searches per 100,000 residents puts New Jersey only marginally behind its neighboring state for cryptocurrency interest.

5. Washington

Washington State ranks fifth for crypto enthusiasm with a search volume just under 1,800 per 100,000 residents.

Seattle, one of the state’s major cities, is also listed by cryptocurrencyjobs.co as a place with more jobs for startups using blockchain technology.

6. Florida

Floridians searched for crypto terms at a rate of just over 1,750 per 100,000 members of the population. A total search volume of just under 370,000 actually puts the Sunshine State in third place in terms of pure searches, while its proportional crypto interest makes it sixth on this list.

7. Massachusetts

Massachusetts comes in as the seventh most crypto-enthusiastic state for 2023 with a crypto-related search volume per 100,000 residents of 1,736 and a total search volume of nearly 120,000.

8. Colorado

Colorado ranks as the eighth state in terms of cryptocurrency enthusiasts this year. Searches per inhabitant are just over 1,700 per 100,000 people.

9. Virginia

Virginia’s search volume per capita is 1,675 per 100,000 residents. With a high total search volume of more than 142,000, the state is ninth on the list.

10. Oregon

Oregon rounds out the list of crypto-enthusiastic states with its crypto searches per 100,000 population at 1,654. The total number of crypto searches in 2023 is just under 70,000.