Trezor Experiences a 600% Increase in Sales Following November 2024 US Elections

Source of this Article
Coin-Turk 11 months ago 115

Trezor recorded a remarkable 600% increase in sales following the US presidential elections in November 2024, achieving its highest daily sales figures. The rise in Bitcoin’s value significantly boosted interest in cryptocurrency.

Historic Surge in Sales

After the elections held on November 5, Trezor experienced an extraordinary rise in weekly sales compared to the previous six-month average. On November 22, the company achieved its highest daily sales, reaching up to 11 times the six-month daily average.

The decline of exchange reserves of Bitcoin (BTC ($102,894.00)) $95,033 to a six-year low increased interest among users to store their assets independently from central exchanges. In 2024, around 427,000 BTC (valued at $40 billion) were withdrawn from centralized exchanges, indicating a shift towards long-term asset accumulation in cold wallets.

New Product Line Sets Records

Trezor’s new product line significantly contributed to the surge in ...



Facebook X WhatsApp LinkedIn Pinterest Telegram Print Icon


BitRss shares this Content always with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.

Read Entire Article


Screenshot generated in real time with SneakPeek Suite

BitRss World Crypto News | Market BitRss | Short Urls
Design By New Web | ScriptNet