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83% of US millennial millionaires have invested in cryptocurrencies

by Vaibhav
December 18, 2021
in News
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The parent company of the bitcoin exchange Mercado Bitcoin attracts $ 50.3 million in investments
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In the United States, 83% of millionaires from generation Y or millennials own cryptocurrencies. Of these, 48% plan to buy even more digital assets in 2022, according to a survey CNBC…

Only 6% expect their crypto holdings to decline.

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53% of those surveyed have more than half of their wealth in digital assets, and one in three has more than 75%.

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The most serious problem young millionaires called inflation – it worried 43% of respondents. At the same time, 59% are confident that the government will cope with it.

CNBC Wealth editor Robert Frank noted that wealthy people perceive the threat of inflation in a slightly different way than most of the population. If ordinary people are afraid of rising prices, then millionaires are worried about a possible increase in interest rates, which will affect their investments, he explained.

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Recall that 26% of the total number of investors in the United States already own bitcoin, according to a survey by Grayscale Investments. More than half have invested in the asset over the past year.

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Name Price24H (%)
bitcoin
Bitcoin (BTC)
$22,983.00
0.87%
ethereum
Ethereum (ETH)
$1,637.03
0.57%
tether
Tether (USDT)
$1.00
-0.03%
binancecoin
BNB (BNB)
$328.96
0.37%
usd-coin
USD Coin (USDC)
$1.00
-0.16%
ripple
XRP (XRP)
$0.396133
-0.60%
cardano
Cardano (ADA)
$0.387046
-0.76%
dogecoin
Dogecoin (DOGE)
$0.090916
-0.65%
matic-network
Polygon (MATIC)
$1.23
2.41%
solana
Solana (SOL)
$23.14
0.62%
shiba-inu
Shiba Inu (SHIB)
$0.000014
-2.38%
polkadot
Polkadot (DOT)
$6.70
0.85%
litecoin
Litecoin (LTC)
$98.61
2.21%
avalanche-2
Avalanche (AVAX)
$20.05
-0.01%
crypto-com-chain
Cronos (CRO)
$0.080635
0.41%
vechain
VeChain (VET)
$0.024699
2.73%
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