Fewer Americans Hold Cryptocurrencies Than You Probably Think
More than 90 percent of American adults don’t own cryptocurrencies -a new survey from Finder found.
(Bloomberg) -- More than 90 percent of American adults don’t own cryptocurrencies -- and most have a lot of concerns about the coins, a new survey from Finder found.
Overall, only about 8 percent of the U.S. population has invested in digital tokens such as Bitcoin that have dominated headlines for the past year with more than 1,000 percent gains before many of the speculative assets collapsed in price the past few months.
The study found that the majority of crypto buyers are Millennials, with more than 17 percent claiming to have holdings, as compared with 8.75 percent of Gen Xers and 2.24 percent of Baby Boomers. Of those who took the plunge, most invested in Bitcoin or Ether coins.
To contact the reporter on this story: Olga Kharif in Portland at okharif@bloomberg.net.
To contact the editors responsible for this story: Crayton Harrison at tharrison5@bloomberg.net, Jeremy Herron at jherron8@bloomberg.net, Dave Liedtka, Brendan Walsh
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