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Americans lost hundreds of billions on crypto speculation. Why is only some of it considered gambling?

by July 4, 2026

by July 4, 2026

Americans are on pace to lose more money on legal gambling this year than at…

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Bitcoin(BTC)
$78,002.00-0.14% 24H

BITCOIN

24H : -0.14%

Volume : $22,588,022,427.00

Marketcap : $1,565,397,490,443.00
Ethereum(ETH)
$2,436.16-0.79% 24H

ETHEREUM

24H : -0.79%

Volume : $12,942,353,108.00

Marketcap : $293,891,182,379.00
Tether(USDT)
$1.000-0.01% 24H

TETHER

24H : -0.01%

Volume : $44,066,803,765.00

Marketcap : $183,379,867,455.00
BNB(BNB)
$686.70-0.99% 24H

BNB

24H : -0.99%

Volume : $737,135,372.00

Marketcap : $91,422,789,133.00
XRP(XRP)
$1.36-2.18% 24H

XRP

24H : -2.18%

Volume : $2,041,473,741.00

Marketcap : $85,566,576,278.00
USDC(USDC)
$1.000-0.01% 24H

USDC

24H : -0.01%

Volume : $11,262,551,111.00

Marketcap : $73,876,637,360.00
Solana(SOL)
$102.66-2.20% 24H

SOLANA

24H : -2.20%

Volume : $3,455,703,618.00

Marketcap : $60,051,334,666.00
Lido Staked Ether(STETH)
$3,297.23-6.18% 24H

LIDO STAKED ETHER

24H : -6.18%

Volume : $145,833,834.00

Marketcap : $32,257,449,489.00
TRON(TRX)
$0.337-1.26% 24H

TRON

24H : -1.26%

Volume : $374,711,185.00

Marketcap : $31,943,324,517.00
Figure Heloc(FIGR_HELOC)
$1.0000.00% 24H

FIGURE HELOC

24H : 0.00%

Volume : $3,820,525.00

Marketcap : $21,815,005,602.00