Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»BLOCKCHAIN NEWS»Cryptocurrency adoption remains stable despite market downturn
BLOCKCHAIN NEWS

Cryptocurrency adoption remains stable despite market downturn

By Crypto FlexsSeptember 10, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Cryptocurrency adoption remains stable despite market downturn
Share
Facebook Twitter LinkedIn Pinterest Email

Key Points

  • 70% of past cryptocurrency owners are likely to buy cryptocurrency in the next year.
  • 37% of US cryptocurrency owners hold digital assets via ETFs

Share this article







According to Gemini’s “2024 Global State of Crypto Report,” cryptocurrency adoption has remained steady in the US, UK, Singapore, and France since 2022, despite recent market downturns.

The study shows that there is an opportunity for growth by bringing back past owners and attracting new investors. More than 70% of past cryptocurrency owners said they are likely to buy cryptocurrency in the next year.

Moreover, about 65% of current owners buy cryptocurrencies as a long-term growth strategy. It is noteworthy that the total market cap of the top 100 cryptocurrencies in 2022 has withstood a plunge from $2.7 trillion to $830 billion.

Strong on major stocks

The majority of cryptocurrency owners (57%) are satisfied with having cryptocurrencies as a significant part of their investment portfolio.

Additionally, 62.5% of respondents believe that the prices of Bitcoin (BTC) and Ethereum (ETH) will continue to rise over the next five years, while an average of 55% believe there are more reasons to be bullish in 2024 than in the crypto winter of 2022.

There is also considerable bullish sentiment on cryptocurrency adoption, with 60% of survey respondents believing that many companies will accept cryptocurrencies as a means of payment within the next 10 years.

Sales activity has declined, but transactions are continuing.

Sales activity has slowed, with 75% of previous owners leaving the market within six months.

“The percentage of investors who sold cryptocurrencies in the past six months is lower than the percentage of investors who sold more than a year ago, indicating that many people are holding digital assets as markets have warmed this year,” the report states.

Additionally, more than one in four cryptocurrency investors (29%) said they sold their cryptocurrencies because they lost money on their investment.

sapphire

In the US, UK and Singapore, 46% of respondents actively trade cryptocurrencies for profit, compared to 34% in France. Inflation hedging motivates 34% of US and UK respondents, and more than 40% in France and Singapore.

The Changing Landscape in America

In the US, 37% of cryptocurrency owners hold some of their funds through ETFs, while 13% only hold crypto this way.

Moreover, cryptocurrencies have become a major campaign issue for the first time in the US presidential election, with 73% of respondents who own cryptocurrency saying they consider a candidate’s stance on cryptocurrencies when voting, and 37% of them saying a presidential candidate’s stance on cryptocurrencies would have a significant impact on their vote.

Share this article







Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

TRON Analysts predicts the following $ 0.30 rally, Unilabs Crosses Doge Volume.

June 1, 2025

BLACKROCK’s Bitcoin ETF is $ 430 million, the maximum one -day leak

May 31, 2025

The tendency makes the top of the non -parent wallet for crypto.com Visa Card

May 30, 2025
Add A Comment

Comments are closed.

Recent Posts

SUI Prover improves smart contract verification in the SUI block chain

June 1, 2025

TRON Analysts predicts the following $ 0.30 rally, Unilabs Crosses Doge Volume.

June 1, 2025

Zero Knowledge Technology: In Linea’s study, the journey to the main net

May 31, 2025

Blockchain.com Nigeria in the court ruling

May 31, 2025

Sharplink’s $ 1B Ether Leeum Bet: How to Change ETH’s Game

May 31, 2025

The AI ​​drive model seasplat improves coral reefs.

May 31, 2025

It is a Gold Fallor Safety Dynasty Status, but the path of Bitcoin can be brighter: analysts

May 31, 2025

Bitcoin prices can be $ 2.5 million in 2025.

May 31, 2025

SEC CRYPTO Stacking Guidance Victory on Industrial Regulations, approval of Staked ETF

May 31, 2025

Gala Game introduces a discounted town star badge mystery pack.

May 31, 2025

Bitcoin prices extend losses. Is it a bigger disadvantage on the horizon?

May 31, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

SUI Prover improves smart contract verification in the SUI block chain

June 1, 2025

TRON Analysts predicts the following $ 0.30 rally, Unilabs Crosses Doge Volume.

June 1, 2025

Zero Knowledge Technology: In Linea’s study, the journey to the main net

May 31, 2025
Most Popular

ADA Rockets 15% — Could this be the start of a massive Cardano rally?

September 27, 2024

AltLayer adds support for the DA layer of the NEAR protocol.

December 2, 2023

A new Solana proposal aims to solve the scalability problems of ‘grid’ systems.

January 7, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.