A national survey conducted this month by the Emerson College Polling Center reveals how many registered voters in the United States under the age of 40 are using cryptocurrencies.
Crypto Usage Decreases with Age
The survey notes that digital asset use decreases as voters age. At the same time, approximately 20% of all registered voters are found to invest, trade or use crypto assets.
In this group, more than 60% of voters do not shop with crypto, while 39% shop using crypto. Again, 81% of registered voters state that they do not use cryptocurrency.
“Almost a third of voters under the age of 40 use crypto, with this rate decreasing as age increases. “There are 28% crypto users in their 40s, 17% in their 50s, 9% in their 60s, and only 4% in those over 70.” – Spencer Kimball, President of the Emerson College Survey Center
Group Active in Crypto
The survey was conducted with 1,000 voters and the margin of error was determined as ±3%. Digging into demographic details, it was found that men are twice as likely to use crypto as women. While 26% of men use crypto, only 13% of women share this situation.
The survey also shows that minority groups are more likely to use crypto. Approximately one-third of rebel voters and one-third of Hispanic or Black voters are reported to be interested in cryptocurrency, while this rate is 14% among white voters.
These findings reveal that young people and those who are more familiar with technology continue to show interest in digital assets. How cryptocurrency usage is shaped by demographic factors can be an important indicator of future financial trends.
Market analysts and financial experts state that these trends will affect the dynamics of crypto markets. The young population’s interest in cryptocurrencies may shape the future design and regulation of digital financial products.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
