16% of U.S. Crypto Owners Reside in Swing States, Poised to Impact Election Outcome

IconCryptoNewsTerminal Staff11 Jul, 2024

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16% of U.S. Crypto Owners Reside in Swing States, Poised to Impact Election Outcome

One in six Americans who own cryptocurrency reside in the seven swing states that will likely determine the outcome of the upcoming presidential election, according to a recent report by leading cryptocurrency exchange Coinbase. These swing states include: Arizona, Florida, Michigan, North Carolina, Pennsylvania, Texas, and Wisconsin. The report highlights that crypto owners are more actively engaged in the political process, with nine out of ten crypto-owning voters indicating their likelihood to participate in the upcoming election. This finding underscores the growing significance of cryptocurrency within the American political landscape as crypto adoption continues to gain traction.