Fact: One In Ten Eurozone Residents Hold Cryptocurrencies

Most owners reported that their value is less than €5,000. However, around 6% of owners confirmed that their value exceeds €30,000.

Recent results from the ECB’s survey of consumer expectations from six major euro area countries show that up to 10% of households may hold cryptocurrencies or similar digital assets (Table A).

- Advertisement -

Most holders reported a value of less than €5,000. However, around 6% of owners confirmed that their value exceeds €30,000 (Table B).

Looking at the income quintiles of respondents, we see a U-shaped pattern: the higher the income of a household, the more likely they are to own digital assets, followed by lower income households. Fewer are those in middle-income households (Table C).

The key demographic of those who invest in cryptocurrencies is young adult males and are highly educated.

Fact: One In Ten Eurozone Residents Hold Cryptocurrencies

Previous Articles:

- Advertisement -

Latest News

Ether.fi’s crypto credit card tops $10M in daily transaction volume

Ether.fi’s crypto-native credit card exceeded $10 million in daily transaction volume on June 30.The...

Burwick Law Seeks to Serve Ponzi Lawsuit via NFT to Dubai Developer

Burwick Law seeks to serve Dubai-based defendant Peter McInnes with an NFT as part...

Solana Jumps 5% on Rumors of Staking ETF Launch This Week

Solana surged by about 5% amid reports of a new staking exchange-traded fund (ETF)...

Europol Busts Crypto Fraud Ring Laundering €460M, Five Arrested

Law enforcement dismantled a cryptocurrency investment scam that stole $540 million from over 5,000...

Bank of America Sets $235 Price Target for Apple Stock by July

Apple stock opened at $201 after dropping nearly 10% in the second quarter of...

Must Read

Top 9 Most Legit Bitcoin Faucets

Bitcoin faucets are platforms where you can earn Bitcoin free. Some other faucet apps and websites allow users to receive different cryptocurrencies for free....