maybe more crypto investors from continental Europe and America. but actually Asia is the biggest market for crypto because it has the most populous countries like China, India and Indonesia. and more importantly, Asia also has fairly stable internet access at the moment, unlike Africa which is still having trouble getting to the internet. many business models that can be applied there, especially in the financial sector such as payment instruments. but why the reality isn't what I imagined. at present crypto is only a notion and there is no real use that can really be applied to crypto except investment.
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
During the last bull run, the Asians were more involved. I think they are at the helm of massive fire power in terms of monetary investment into cryptocurrencies. After the recent ban of Bitcoin in China, then the market started to loose volume slowly and slowly. They(the Asians) still at this stage make up a huge proportion of the money flowing in and out of this market.