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20% of US Adults Currently Own Crypto – Featured Bitcoin News

Coinbase Survey: 20% of US Adults Currently Own Crypto

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As the cryptocurrency industry continues to expand, more and more people are getting involved. According to a recent survey, 20% of U.S. adults now own some form of cryptocurrency.

The survey, conducted by market research firm YouGov, found that 20% of the adults surveyed owned some form of cryptocurrency. This is a significant increase from the 8% reported in 2018. The survey also found that the majority of those who own cryptocurrency are male, aged 18-34.

The survey also revealed that the most popular cryptocurrency among U.S. adults is Bitcoin. This is not surprising, as Bitcoin is the oldest and most widely used cryptocurrency. It is also the most recognizable, with most people having heard of it even if they do not own it.

The survey also found that the main reason people own cryptocurrency is for investment purposes. This is likely due to the fact that cryptocurrencies have seen significant price increases over the past few years. Many people view cryptocurrencies as a way to diversify their investments and potentially make a profit.

The survey also found that most people who own cryptocurrency do not use it to purchase goods and services. This is likely due to the fact that cryptocurrency is still not widely accepted as a payment method.

Overall, the survey shows that cryptocurrency is becoming more popular among U.S. adults. This is likely due to the fact that more people are becoming aware of cryptocurrencies and the potential benefits they offer. As more businesses begin to accept cryptocurrencies as a payment method, we may see even more people investing in them.

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