Champions League Final crypto betting expected to reach record highs on Cloudbet

Despite the present decline in the value of cryptocurrencies like Bitcoin, this occurs. 

Front Office Sports estimates that this year's Champions League Final will attract even more viewers than last year's event, which drew more than 700 million viewers globally. 

The Stade de France will host the final on May 28th, pitting Real Madrid and historic Liverpool in a matchup that bookies are eagerly awaiting.

While the sports betting market as a whole grew by 60% in 2022, supplier Softswiss saw a 117% year-on-year increase for bitcoin use in sports betting. 

On top of that, the data from Cloudbet shows that gamers still want to bet with crypto, even though the value of cryptocurrencies has dropped. Cloudbet reports that cryptocurrency spending in casinos is on the rise, while cryptocurrency turnover in sports betting has remained relatively stable. 

In addition, the price of Bitcoin has increased by more than 250% since Real Madrid's previous Champions League Final match against Liverpool in 2018, when it was only $8,500.  

Cloudbet Director Leandro Rossi predicted that today would be the busiest day ever for cryptocurrency betting, as two of the world's most famous teams will be competing in the most watched club match on Earth. 

No matter what happens to the industry, the Bitcoin betting boom will go on, and more and more people are benefiting from the decentralised blockchain platform.  

Users have a real chance to increase the size of their Bitcoin deposits thanks to Cloudbet's selection of Champions League markets. 

The Bitcoin market has expanded at an exponential rate in the four years since Liverpool's previous Champions League Final against Real, providing football fans with great potential rewards despite recent market swings.