A new survey has found a large portion of Americans are frustrated with the current financial system, while nearly a quarter is still holding crypto.
of the crypto space, 20% of respondents said they still own crypto, and nearly a third plan to buy, sell, or trade crypto in the next year.consistent each quarter since January 2022, drifting between 17% and 20% over the last 12 months, meaning that recent market turmoil may not have shaken retail investor confidence in crypto in America.
"There is reason to be optimistic about crypto's future. Universally, Americans are frustrated by the inequality in the financial system and are hungry for change," wrote Morning Consult, adding: "Crypto investors and younger cohorts of Americans still believe that crypto is a worthwhile investment in the future that can lead to societal benefits.". The survey found that 36% of Gen Z and 30% of Millennials currently own crypto.Minority groups were also found to be more likely to hold a favorable view of crypto and be optimistic about the future of the asset.
"Black and Hispanic adults are significantly more likely than white adults to have a favorable impression of cryptocurrency and are more optimistic that"Cryptocurrency and blockchain are the future" than any other cohort." Current crypto investors also remain optimistic about the future, with 65% agreeing that the market's best days are still ahead, while 76% of crypto investors still believe crypto and blockchain are the future.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New survey finds most Americans are not up to date with cancer screeningsDetecting cancer in its earliest stages can mean the difference between life and death. So, the question is, why are most Americans not getting their screenings?
Read more »
G-20 meeting in India ends without consensus on Ukraine warA meeting of finance chiefs of the Group of 20 leading economies has ended without a consensus, with Russia and China objecting to the description of the war in Ukraine in a final document.
Read more »
Little Village community calls for justice after 20-year-old Guatemalan migrant murdered in ChicagoThe Little Village community is banding together, urging police officers to find the person who killed a 20-year-old woman who recently migrated to Chicago from Guatemala.
Read more »
20-year-old son stabbed mother to death, slashed father: NYPDPolice say 20-year-old Dennis Cho is facing multiple charges, including murder for allegedly stabbing his 60-year-old mother to death and slashing his 61-year-old father.
Read more »
20 Best PyTorch Datasets for Building Deep Learning Models | HackerNoonPyTorch has gained a reputation as a research-focused framework, and these are the Best PyTorch Datasets for Building Deep Learning Models available today. - datasets machinelearning
Read more »
All 20 Of This Year's Oscar-Nominated Acting Performances, RankedAustin Butler's Elvis voice, Brendan Frazer's fat suit, and Michelle Yeoh's hot dog fingers all make an appearance.
Read more »