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Research: US Cryptocurrency Holders Grow 81% Annually

US Cryptocurrency Holders Grow 81% Annually

Recently, the United States is the most populous country with cryptocurrencies. Most notably, according to a study researched by Finder, the number of Americans with encrypted assets is increasing.

Many countries are beginning to recognize the importance of Bitcoin and its blockchain technology. The United States may not necessarily be one of them. However, the number of Americans holding cryptocurrencies is increasing. According to a recently released Pureprofile survey commissioned by the Finder,

“Last year, the number of Americans with cryptocurrencies almost doubled, from 7.95% in 2018 to 14.4% in 2019, an increase of 81% in one year.”

As a result, approximately 36.5 million Americans have some form of encryption asset.
The survey also showed that Americans with crypto assets had an average of $5,447 in cryptocurrency. However, the median cryptocurrency in the American wallet is only $360.

In addition, Bitcoin is not the only asset that attracts the interest of US cryptocurrency investors. According to the survey data, 55.4% of Bitcoin owners have invested in other types of cryptocurrencies.

In addition, a study published by Nobl Insurance LLC on August 22, 2019 shows that millions of Americans will consider investing in cryptocurrencies in the next 12 months. According to the Nobl press release.

“Research shows that about 25 million Americans are considering buying cryptocurrencies in the next 12 months. 37% of cryptocurrency holders have more than $5,000 in assets, and 8% hold more than $50,000 in cryptocurrencies.”