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50+ Million Americans to Own Cryptocurrency in Next 12 Months – BlockTribune

source-logo  blocktribune.com 13 May 2021 04:11, UTC

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The price of Bitcoin has skyrocketed and Americans are taking notice, according to a new study analyzing adoption and sentiment towards cryptocurrencies.

Today, 37.5 million Americans own cryptocurrencies and an additional 14.7 million plan to over the next year, according to Security.org’s study. That’s more than 52 million Americans.

Nearly half of Americans (47 percent) are “somewhat familiar” with cryptocurrency, while 45 percent have heard of, but just don’t know much about it.

Key findings:

  • 78 percent of cryptocurrency owners are confident in its safety and security
  • Price fluctuation is both the biggest benefit and, at the same time, concern: 33 percent believe possible price increases are the main benefit, while 39 percent note price instability is the concern
  • Dogecoin 2nd-most owned cryptocurrency (46 percent), following Bitcoin (76 percent) and leading Ethereum (38 percent)

Security.org’s study asked more than 1,200 U.S. adults about their views on cryptocurrency.

Click here to read the full report.

blocktribune.com