The latest Grayscale poll shows that over 25% of US investors surveyed already own Bitcoin, with over 50% of new investors joining the pool last year, as we can see on the news today.
55% of HODLers came onto the market in the last 12 months. Despite the fall in the price of Bitcoin, the main cryptocurrency had a successful year, increasing its USD value by 70% since the first day of 2021. In the last few months the most famous personalities like Barry Sternlicht, Orlando Bravo, Paul Tudor Jones, Francis Suarez, Cynthia Lummis, and Eric Adams showed more support.
Many large institutions and companies have positioned themselves positively by investing in cryptocurrency. MicroStrategy is the best example as the company seizes every opportunity to amass more BTC. These developments could be some of the reasons why 26% of US citizens and now, according to latest research, are BTC owners. Around 60% of participants said they were interested in investing in crypto, suggesting a huge percentage that could continue to grow. The subsequent COVID-19 pandemic could have been another argument for investors to trade some odd money for BTC, and so it’s no surprise that 55% of current US owners have joined the crypto party in the past 12 months. A similar percentage said they view their primary digital asset as a store of value or an investment vehicle rather than a currency. Managing Director Michael Sunshine from grayscale notes:
“The results of the Bitcoin Investor Study 2021 confirm that more and more investors see sustainable value in adding Bitcoin and digital currencies to their portfolios.”
Cryptocurrencies are already very attractive to young people, but the trend seems to be changing as the percentage of people aged 55 and over who are interested in BTC rises to 46%. US dollar printing is one of the most controversial policies that has caused as much disruption as inflation, and now its rate is 6.2% in the US, but that number hasn’t been that high since the 1980s could do justice to this role as it has a finite number of 21 million, which is an excellent hedge against inflation.
See how BlockDAG’s Sept 20 Testnet launch is drawing in new users as Notcoin investors…
Dive into BDAG’s journey towards major exchange debuts and its potential for a staggering 30,000x…
Explore the frontrunners in the cryptocurrency space with the latest updates on Arbitrum, THORChain’s market…
The MicroStrategy Bitcoin investment follows a $1.01 billion private offering of convertible senior notes.
Discover how BlockDAG's expected English Premier League partnership has ignited a $72.4M presale boom while…
Michael Saylor's MicroStrategy raised approximately $1.01 billion through the offering of 0.625% convertible senior notes…
This website uses cookies.