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Market News

Nearly One-third of Young Americans have ever Invested in Crypto: Survey

The Pew research center had conducted a survey on U.S citizens to find out the popularity of cryptocurrency among them.

Written By:
Rajpalsinh

Last updated: November 12, 2021 1:07 PM
Published November 12, 2021 1:07 PM
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Last updated: November 12, 2021 1:07 PM
Published November 12, 2021 1:07 PM
Nearly One-third of Young Americans have ever Invested in Crypto: Survey

In Brief:

  • The Pew Research survey revealed that only 16% of Americans have ever invested in any cryptocurrency.
  • Male adults ages 18 to 29 are more likely to say they have ever invested in Cryptocurrency.
  • 86% of Americans know something related to cryptocurrencies.

Surprisingly, the recent survey revealed that nine-in-ten Americans have heard about crypto. The recent research by Pew Research has revealed that only 16% of Americans have ever invested in cryptocurrency, which is quite surprising as cryptocurrency hype is reaching out of the roof. 

The research group had conducted a survey on 10,000 U.S. citizens, where they found that 43% of men ages 18 to 29 revealed their investment in cryptocurrency. Also, 86% have accepted that they have heard little about cryptocurrencies, which includes they have good knowledge of cryptocurrency. Also, 13% have said that they have never heard about it.

The same Research center had organized a survey in 2015, where they had questioned people regarding Bitcoin. At that time only 1% of the total crowd accepted that they had traded, bought, or used Bitcoin.

The result shows that every third person in ten in America ages 19 to 29 invest in any cryptocurrency through buying, trading in leading cryptocurrencies such as Bitcoin, Ethereum, and many others. This survey also depicts that older people are less interested in cryptocurrency. 

This survey came after the two prominent cryptocurrencies, Bitcoin and Ether marked their record-breaking all-time high value, and total cryptocurrency market capitalization reached $3 trillion.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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By Rajpalsinh
Meet Rajpalsinh, a Content Writer at The Crypto Times, where his magical hands, with over 2 years of experience, transform the cryptic world of crypto into laughably simple tales.

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