Survey: US Investors' Cryptocurrency Holdings Surge 8-Fold in 2018, But Still Viewed as a "High-Risk" Asset

July 27th. According to a report by CoinDesk, a Gallup survey indicated that merely 14% of U.S. adults possess cryptocurrency. Sixty percent of the respondents declared that they had no interest in purchasing it. Only 4% of the respondents intended to make a purchase in the near future. The survey exposed demographic disparities. Young men and individuals with high incomes were more inclined to own cryptocurrency, while women, the elderly, and low-income households were underrepresented in this field. Despite the growing acceptance, the majority of Americans still regarded cryptocurrency as a speculative investment. Sixty-four percent of U.S. investors considered it "very risky."