Fact: One In Ten Eurozone Residents Hold Cryptocurrencies
Published in
May 27, 2022
Recent results from the ECB’s survey of consumer expectations from six major euro area countries show that up to 10% of households may hold cryptocurrencies or similar digital assets (Table A).
Most holders reported a value of less than €5,000. However, around 6% of owners confirmed that their value exceeds €30,000 (Table B).
Looking at the income quintiles of respondents, we see a U-shaped pattern: the higher the income of a household, the more likely they are to own digital assets, followed by lower income households. Fewer are those in middle-income households (Table C).
The key demographic of those who invest in cryptocurrencies is young adult males and are highly educated.
Originally published at https://bitnewsbot.com on May 27, 2022.
