U.S. Crypto Ownership Declines Amid Perceived High Risk
- Gallup’s survey shows cryptocurrency ownership among U.S. investors fell to 11% in June, down from a peak of 17% in the previous year.
- Ownership among all adults decreased to 9%, compared to the initial measurement of 14% last year.
- Younger men aged between18-49 are the most likely group to own crypto, with a rate of ownership at24%, despite a decrease from33%.
- 63% of investors view cryptocurrency as very risky, while only31% consider it somewhat risky.
- Income level impacts ownership, with15% of upper-income investors owning crypto compared to7% and4% for middle and lower-income groups respectively.
The decline in U.S.cryptocurrencyownership reflects heightened risk perceptions and demographic differences, notably among younger men who still lead in participation rates despite declines.The data highlights significant income-related disparities in crypto investment trends.(Source)
