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Bankrate survey showed people, losing interest in the crypto market

Oct 5, 2022
Bankrate survey showed people, losing interest in the crypto market
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Due to the collapse of the cryptocurrency market, many people have reconsidered their attitude towards investments through digital assets.

According to a survey of Bankrate analysts, the number of Americans who are comfortable investing in digital assets has dropped significantly. The popularity of crypto investments has declined among all age groups. Earlier it was noted that people, aged 25 to 40, are the most active in the field of new technologies. Nowadays, the percentage of these people has decreased from 49% last year to 29% this year.

The activity of people under 55 fell to 21%, compared to 37% in 2021.

The reason for this result can be considered the collapse of the cryptocurrency market, as well as the economic crisis. Also, the US Federal Reserve raised interest rates to cope with inflation.

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