Coinbase: 1 in 5 American Adults Held Crypto in 2022
CryptoNewsTerminal Staff25 May, 2024
Coinbase: 1 in 5 American Adults Held Crypto in 2022
Coinbase, a leading cryptocurrency exchange, has released a report citing various sources indicating that "an estimated 52 million Americans — or 20% of the adult population — owned cryptocurrency last year." This figure is significantly higher than the 7% reported by the Federal Reserve's latest Survey of Household Economics and Decisionmaking (SHED), released in May 2023. The Coinbase report suggests that cryptocurrency ownership has become increasingly mainstream in the past year, with a growing number of Americans exploring digital assets. This trend aligns with the increasing adoption of cryptocurrencies for various purposes, including investment, payments, and decentralized finance.
