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How many people in the US are using cryptocurrencies?

avatarBurris GoodmanDec 17, 2021 · 3 years ago3 answers

Can you provide a detailed estimate of the number of people in the United States who are currently using cryptocurrencies? I'm curious to know the extent of adoption and the potential impact on the financial landscape.

How many people in the US are using cryptocurrencies?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    As of the latest data available, it is estimated that around 10% of the adult population in the United States, which is approximately 26 million people, are using cryptocurrencies. This number includes both active traders and individuals who hold cryptocurrencies as an investment. The adoption rate has been steadily increasing over the years, driven by factors such as the growing acceptance of cryptocurrencies by businesses and the increasing awareness among the general public. It is important to note that this is just an estimate and the actual number may vary.
  • avatarDec 17, 2021 · 3 years ago
    Well, it's hard to say exactly how many people in the US are using cryptocurrencies, but it's definitely a growing trend. With the rise of digital assets like Bitcoin and Ethereum, more and more people are getting interested in this new form of money. Some estimates suggest that around 8% of Americans own some form of cryptocurrency. However, it's important to keep in mind that these numbers can be quite volatile and may change rapidly. So, while the exact number may be hard to pin down, it's safe to say that cryptocurrencies are gaining popularity in the US.
  • avatarDec 17, 2021 · 3 years ago
    According to a recent survey conducted by BYDFi, a leading cryptocurrency exchange, it is estimated that approximately 15% of the adult population in the United States are currently using cryptocurrencies. This includes both active traders and individuals who hold cryptocurrencies for investment purposes. The survey also revealed that Bitcoin is the most popular cryptocurrency among US users, followed by Ethereum and Litecoin. The growing interest in cryptocurrencies can be attributed to factors such as the potential for high returns, the decentralized nature of blockchain technology, and the increasing acceptance of cryptocurrencies by mainstream financial institutions.