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U.S. Investors Say Crypto Has Performed Worse Than Expected

Among the 16% of U.S. adults who say they have invested in cryptocurrencies, nearly half (46%) say their investments in digital coins and tokens have performed worse than they expected.

This is the finding of a new survey conducted by the Pew Research Center. The poll found that only 15% of Americans say their investments in crypto have done better than they expected. A total of 31% of people surveyed said their investments in cryptocurrencies have worked out as they had anticipated.

The survey was conducted between July 5 and 17, and it shows that the overall share of U.S. adults who have invested in, traded, or used a cryptocurrency has remained unchanged since September 2021.

Among the 16% of Americans who have invested in digital assets, about three-quarters (75%) say the main reason they have done so is because they want a different way to invest, or they think it is a good way to make money.

The main investors in cryptocurrencies remain men aged 18 to 29, with about four-in-ten people (42%) in that demographic saying they have put money into crypto, compared with 17% of women in the same age group.

Nearly nine-in-ten Americans (88%) say they have heard at least a little about cryptocurrencies, including 26% who have heard a lot about digital coins and tokens.

Bitcoin (BTC), the biggest cryptocurrency by market capitalization, has fallen 55% this year and currently trades at $21,500 U.S.