New U.S. Crypto Investor Report | Follow The Rich!
May 24, 2022The Fed’s annual report shows most American crypto investors have ‘disproportionately high income’. Roughly 12% of Americans own crypto, with most of them using it for investment purposes. A closer look at the demographics shows that crypto investors in the U.S. are mostly the rich. Only 2% used cryptocurrencies for payments or purchases, while 1% sent it to family and friends.
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