Study: More than 25% of US investors surveyed own Bitcoin
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Answer Study: More than 25% of US investors surveyed own Bitcoin
According to study Conducted by Grayscale Investments, the world’s largest digital asset manager, it was reported that 25% of US investors already own Bitcoin.
55% of them have become HODLers in the last 12 months.
One in four Americans owns Bitcoin:
Despite the current bitcoin price drop, the major cryptocurrency had a very successful year and increased its value against the dollar by 70% compared to the first day of 2021.
Over the past few months, many notable individuals such as Paul Tudor Jones, Barry Sternlicht, Orlando Bravo, Senator Cynthia Loomis, Francis Suarez (Mayor of Miami), Eric Adams (Mayor of New York) and more. Prominent figures in American society express their support for Bitcoin.
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Many large institutions and companies have turned their eyes towards cryptocurrencies by investing in them.
MicroStrategy is the brightest example where the company is taking every opportunity to accumulate more Bitcoin.
These developments may be among the reasons why 26% of US residents are currently bitcoin holders, according to the latest Grayscale research.
Additionally, nearly 60% of all respondents said they are interested in investing in cryptocurrencies, hinting that the percentage of owners could continue to increase.
The Corona pandemic and the subsequent financial hurdles that followed may be another argument for investors to exchange some of their fiat currencies for bitcoin.
As such, it’s no wonder that 55% of current Bitcoin traders in the US have jumped on the shopping cart in the past 12 months.
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A similar percentage admitted that they view the leading cryptocurrencies as an investment tool and store of value rather than a currency.
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