**US Market Cryptocurrency Purchases by Year: An Insight into the Digital Currency Boom**

The rise of cryptocurrencies in recent years has sparked a global interest, with the US market being at the forefront of this digital currency revolution. Yearly purchases of cryptocurrencies in the US have experienced significant growth, reflecting the increasing adoption and value of these digital assets. Here's a deep dive into the trend of cryptocurrency purchases in the US market by year.

**2014 - The Dawn of Cryptocurrency**

In 2014, the concept of cryptocurrencies was still relatively new and was in the early stages of being accepted by the masses. Despite this, the US market witnessed a noticeable increase in cryptocurrency purchases. Bitcoin, as the leading cryptocurrency, gained significant attention, and investors began to show interest in this new digital asset class.

**2017 - The First Major Surge**

2017 marked a significant milestone in cryptocurrency history. The market saw a significant surge in both the value of cryptocurrencies and their popularity. This resulted in a surge in purchases, with investors from all backgrounds entering the space. Bitcoin continued to dominate, but other cryptocurrencies such as Ethereum and Ripple also gained significant attention.

**2020 - The COVID-Driven Cryptocurrency Boom**

The COVID-19 pandemic had a profound impact on various industries, and cryptocurrencies were no exception. As investors sought new avenues for investment, cryptocurrencies emerged as a prominent option. This resulted in a significant increase in purchases, with many retail investors entering the space for the first time.

**2021 - The Cryptocurrency Bull Run**

2021 saw an unprecedented bull run in the cryptocurrency market, with several cryptocurrencies reaching new highs. This resulted in a significant surge in purchases, driven not only by retail investors but also by institutional investors and corporate entities. The market also witnessed several new cryptocurrencies entering the scene, further diversifying the crypto landscape.

**Impact of Regulations and Global Events**

Over the years, regulations have played a crucial role in shaping the cryptocurrency market. While regulations have created some uncertainty, it has also brought legitimacy to the asset class. Global events such as major technological advancements and political developments have also influenced cryptocurrency purchases, attracting more investors to this emerging asset class.

**Outlook for Future Years**

With the increasing adoption and evolution of cryptocurrencies, the US market is poised to continue witnessing significant growth in cryptocurrency purchases. As more individuals and organizations recognize the potential of digital assets, we are likely to see more innovation and development in this space. Moreover, with continued technological advancements and better infrastructure support, cryptocurrencies are well on their way to becoming a mainstream asset class.

The rise of cryptocurrencies has been nothing short of remarkable, and the US market has been at the forefront of this revolution. As we look ahead, the future of cryptocurrencies remains bright, with continued growth and adoption expected in the coming years.