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The Federal Reserve's latest annual survey of U.S. households, which included 11,400 households, reveals a significant decline in cryptocurrency use and ownership in 2023. Only 7% of respondents reported owning or using cryptocurrency, down from 8% the previous year. This equates to approximately 18 million American adults out of 258 million. Notably, only 1% of respondents used crypto to buy something. The survey, conducted in October 2023, underscores a broader trend of decreasing crypto adoption in the U.S.
Number of Americans that own crypto is very close to, and will probably soon overtake, the number of Americans that own a dog - and a lot of crypto owners almost as passionate about it as dog owners are of their pooches. Its why politics of anti-crypto crew always seemed weird -… https://t.co/iMyIk6zs9u
Crypto Adoption Among US Adults Drops to 7%, Fed Survey Shows #crypto https://t.co/qBvgFsUuOl via @TheDeepDive_ca
Federal Reserve survey shows #crypto usership in America is decreasing 🇺🇸🤔 Click below to find out more 👇👇👇 https://t.co/aTrgDQda0f https://t.co/woKuB64oZ6
