Bitcoin Gains Popularity Among Americans Amid Inflation: 47% Plan to Invest
The post Bitcoin Gains Popularity Among Americans Amid Inflation: 47% Plan to Invest appeared first on Coinpedia Fintech News
According to Grayscale’s latest survey, the inflation concerns and the geo-political tensions are driving more American voters towards Bitcoin. Around 47% of the voters plan to include cryptocurrencies in their portfolios, which is a notable increase of 40% from the previous year. 32% of the voters are now more open to learning about crypto investments. 98% of American voters know about Bitcoin, and more than half claim they know Ethereum. The weakening USD and continued inflation are the key motivators for increased interest in BTC, while the spot BTC ETF approval has also played a key role.
