21/04/2021
Nearly two-thirds of American adults want to know more about cryptocurrencies like bitcoin (BTC) or own them soon, a new survey shows.
Gemini, the crypto exchange platform owned by Tyler and Cameron Winklevoss, has released a new State of US Crypto report that provides insight into consumer trends in the US crypto market. The data comes from a national survey of 3,000 American adults between the ages of 18 and 65 with household incomes of $40,000 or more.
The report shows a significant expansion and diversification of crypto investors in the country by 2021, with 63% of respondents identifying as crypto, meaning they do not currently own crypto, but are either willing to learn more about it or plan to buy crypto in the near future.
Based on the survey results, Gemini estimates that nearly 14 percent of the U.S. population – or 21.2 million adults – currently own cryptocurrencies. Investors in cryptocurrencies could potentially double this year, as about 13% of those surveyed said they plan to buy a cryptocurrency in 2021. That’s about 19.3 million adults, nearly double the number of current cryptocurrency investors, the report said.
The survey also revealed the growth potential of female crypto investors, who only make up 26% of current crypto holders, according to Gemini. The survey shows that more women than men express a desire to get into cryptocurrencies soon. 53% of those surveyed are interested in investing in cryptocurrencies.
This new study points to a valuable and desirable diversification of the investor base in cryptocurrencies. A broader spectrum of participants indicates a positive long-term market trend, said Noah Perlman, Gemini’s director of operations. To remove barriers to entry, the company will continue to offer cryptocurrencies with a focus on security and smart regulation, he added.
Other reports published earlier this year pointed to promising trends in crypto-currency adoption in the United States. According to a March study by Mizuho Securities, 10 percent of the roughly $400 billion in stimulus funds available to U.S. citizens could be used to buy bitcoin and stocks. According to a February 2021 survey by global consumer research platform Piplsay, 25% of Americans already own cryptocurrencies, and another 27% plan to invest this year.
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