Tuesday, November 16, 2021

31% of Young Adults Have Dabbled in Cryptocurrency

Cryptocurrency is making inroads into the financial affairs of the American public, especially among young adults. Overall, 16 percent of people aged 18 or older say they have ever invested in, traded, or used a cryptocurrency, according to a Pew Research Center survey. This figure is up from 1 percent in 2015 (when Pew asked exclusively about Bitcoin). The share of adults who have ever invested/traded/used a cryptocurrency is highest among young adults...

Percent who have ever invested/traded/used cryptocurrency, 2021
Total 18-plus: 16%
Aged 18 to 29: 31%
Aged 30 to 49: 21%
Aged 50 to 64: 8%
Aged 65-plus: 3%

Men are more than twice as likely as women to have ever invested/traded/used cryptocurrency—22 percent of men versus 10 percent of women. Young men are most likely to have done so. Among men aged 18 to 29, 43 percent have dabbled in cryptocurrency.

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