Most people have heard of Bitcoin, but only a small portion has them.
According to a joint Global Blockchain Business Council and SurveyMonkey poll of almost 6,000 adults conducted this month, 60% of Americans have heard or read about the world’s largest cryptocurrency. From those, only 5% own the digital coin.
Bitcoin investors are of a consistent demographic. 71% of them are male. 58% are young, between the ages of 18 and 34 years old. Nearly half of them are minorities.
When asked why they bought bitcoins, they answered that a combination of a lack of trust and an opportunity for return were the main reasons. 1/3 of Bitcoin owners said it was a means to avoid government regulation. Interestingly, 24% also said they trust Bitcoin more than the U.S. government in a separate question. 20% saw it as a hedge against crashes in traditional assets. More than 60% also said that buying the digital coin was a growth investment.
Last year, the investment largely paid off. The cryptocurrency went up more than 1,400% in 2017, reaching a high of more than $19,500 last December. But much of that gain has been given back — Bitcoin has fallen by almost half since December, now trading near $11,000.
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MOST TRADED ASSETS
- Binary Options
- Digital Options
- Forex
- Stocks
- Indices
- Commodities
- ETFs
-
EUR/USD
1.12
Trade+0.08% -
USD/JPY
145.52
Trade-0.74% -
GBP/USD
1.33
Trade+0.32% -
AUD/USD
0.64
Trade-0.33% -
GBP/JPY
193.65
Trade-0.42%
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Microsoft Corporation
452.1
Trade-0.11% -
Domino's Pizza Inc
486.19
Trade+0.35% -
Tesla, Inc.
341.95
Trade-1.37% -
NVIDIA Corporation
134.47
Trade-1.47% -
Apple Inc.
210.93
Trade-0.43%
-
Gold
3249.64
Trade+1.95% -
Crude Oil WTI
61.22
Trade-0.89% -
Silver
32.67
Trade+1.35% -
Gold-Gram
104.48
Trade+1.95% -
Crude Oil Brent
64.29
Trade-1.47%
-
US 100
21307.83
Trade+0.05% -
US 500
5916.34
Trade+0.62% -
GER 30
23712.45
Trade+1.05% -
US 30
42332.42
Trade+1.15% -
US 2000
2097.31
Trade+0.9%
-
S&P 500 ETF
590.41
Trade+0.74% -
UltraPro Short QQQ
23.66
Trade-1.46% -
Daily Junior Gold Miners Index
62.34
Trade+2.43% -
Gold Miners ETF
46.56
Trade+1.06% -
Bitwise Bitcoin ETF (BITB)
56.15
Trade+0.55%
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