More Americans Know at Least One Cryptocurrency

September 30, 2019 | Digital Assets, Investments, News

Cryptocurrencies Continue to Push into the Mainstream

A YouGov survey suggests that more Americans than ever are learning about cryptocurrencies.

The survey shows that 81% of Americans have heard of at least one cryptocurrency. The most well-known cryptocurrency – naturally – is Bitcoin. Roughly 24% of U.S. adults have heard of Bitcoin Cash. Just 17% of have heard of Ethereum.

YouGov Survey Predicts Wider Adoption

According to the YouGov survey, 40% of respondents who have heard of a cryptocurrency expect widespread adoption over the next 10 years. It also showed that millennials are far more aware of digital currencies than older generations.

About 55% of Millenials believe that cryptocurrencies will experience wider acceptance in the years ahead. Generation X registered 41%, while just 29% of Baby Boomers said the same.

Meanwhile, the generations show a divide on their views of digital currencies as an investment. About 35% of Millenials say they think cryptocurrencies are a good investment. However, 44% of Baby Boomers felt it was a bad investment.

More Survey Data

The report comes a year after YouGov released a similar report. Last year, a report showed that 79% of Americans were familiar with at least one cryptocurrency. That figure shows a two-percentage-point increase year-over-year. Meanwhile, just 71% of respondents had heard of Bitcoin last year.

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News
Alternative Investments/ESG: TD Asset Management Launches Three New Equity ETFS With ESG Focus

TD Asset Management announced Tuesday the launch of three new ESG Equity ETFs to cater to investors looking for exposure to equity market indexes and companies with an ESG edge….
Digital Assets: “The Real Story Is Adoption,” Says Novogratz On Bitcoin
December 2, 2020     Digital Assets, News

Speaking Tuesday on CNBC’s Squawk Box, Mike Novogratz, CEO of Galaxy Digital, said large investors appeared to be switching their gold holdings to bitcoin, judging from the outflows seen recently…
Venture Capital: Voi, Swedish Maker Of E-Scooters, Closes On $160M Funding
December 2, 2020     News, Venture Capital

Voi Technology’s haul of $160 million is a mix of debt and equity in a Series C round led by The Raine Group, with participation by existing investors such as…
FinTech: Top Chinese Regulatory Watchdog Airs Fintech Concerns
December 2, 2020     FinTech, News, Regulations

In an article in a newly released book from the central government explaining the country’s economic priorities and development plan for 2035, Guo warned of a disturbance in global financial…