According to a new Coinabse survey, it seems that 20% of Americans are crypto owners. Check out more details about the latest survey below.
Coinbase survey reveals crypto news
A study commissioned by crypto exchange Coinbase in the United States reveals that more than a fifth of Americans own crypto.
The study was conducted in February, and it says that 50 million Americans, or 20% of the US population, own crypto, about the same figure as early 2022.
Younger Americans and people of color have a higher rate of crypto ownership, according to the survey.
The survey also reveals that 80% of Americans are of the opinion that the global financial system “unfairly favors powerful interests” while 67% say that it requires “major changes or a complete overhaul.”
“The survey found that 80% of respondents believe the current financial system is unfair, with the overwhelming majority expressing frustration with the current financial system and a hunger for change.”
The same notes revealed the fact that more than three-quarters of the Americans who own crypto are optimistic about the future of crypto assets as well as blockchain technology.
More than that, it seems that they believe they could be part of a solution to the problems afflicting the financial system. We suggest that you check out the complete details in the original notes.
Bitcoin is in deep value zone
It has been revealed that the macro expert Lyn Alden says that Bitcoin (BTC) is a “strong buy” at its current price but warns traders to keep in mind there may be volatility ahead.
In a new interview with Swan Signal, Alden said the fact that Bitcoin’s current value gives investors what may be a rare opportunity to accumulate BTC at such a price level.
It’s also important to note the fact that Alden says there is a possibility Bitcoin may dip in value later this year if federal monetary policies dry up liquidity.
