[DigitalToday reporter Jinju Hong (홍진주)] One in five U.S. adults have invested in or used cryptocurrency, a survey showed.
U.Today, a blockchain media outlet, reported on June 8 (local time) that the latest Pew Research Center survey found 19 percent of U.S. adults said they had invested in or used digital assets.
Overall adoption has not moved sharply over the past few years. The latest figure is similar to the 16 percent recorded in 2021. That suggests cryptocurrency use in the United States has held steady rather than spreading rapidly.
The gap by political orientation widened compared with before. In the past, cryptocurrency experience was similar between Republican and Democratic supporters. In the latest survey, the share among Republicans and Republican-leaning independents rose to 22 percent from 16 percent in 2021. By contrast, Democrats and Democratic-leaning respondents stood at 17 percent, showing a "completely stable" state.
Changes in the political environment were also mentioned. The current administration has publicly put forward a stance of making the United States the "crypto capital of the world". The figures show that, alongside that trend, differences in cryptocurrency acceptance by political orientation have become more pronounced.
Differences by age and gender also persisted. Among men aged 18 to 29, 38 percent said they had invested in, traded or used cryptocurrency. Women in the same age group were at 15 percent. Among men aged 30 to 49, 40 percent said they had used cryptocurrency, confirming that younger men remain the most active user group.
Differences also appeared by income level. Among adults in higher-income households, 27 percent, or about one in four, said they had invested in or used cryptocurrency. That suggests cryptocurrency in the United States is being maintained mainly within certain groups rather than expanding broadly.
The results show that when looking at the U.S. cryptocurrency market, it is necessary to consider which groups are increasing their use, not just the overall adoption rate. The overall figure is broadly similar to 2021, but relatively high participation continues among Republican-leaning respondents, younger men and higher-income groups. As a result, the likelihood has increased that future changes in the U.S. cryptocurrency market will vary depending on the political landscape and demographic trends.