46% of millennials across major economies own crypto: Bitget research

A caller survey suggests that 46% of millennials crossed large colonisation countries, specified arsenic the United States, China, Japan, Germany, Indonesia and Nigeria, ain cryptocurrencies.

The study, conducted betwixt July 2022 and January 2023 and published connected April 28 by cryptocurrency speech Bitget, featured astir 255,000 big respondents from 26 countries, with astir 10,000 respondents per country. The survey revealed that 46% of millennial respondents owned cryptocurrencies, compared with 25% of Gen X, 21% of Gen Z and 8% of babe boomers. The assurance interval for the survey is 95%, with a borderline of mistake of ± 0.1%.

Cryptocurrency ownership by property radical successful 26 surveyed countries. Source: Bitget

In addition, 4% of babe boomers, 6% of Gen X, 27% of millennials and 36% of Gen Z respondents said they considered cryptocurrency regularisation an important origin erstwhile voting for governmental candidates. Bitget unit wrote:

"[B]y the opening of the adjacent decade, demographic processes whitethorn pb to a melodramatic displacement towards accrued acceptance of cryptocurrencies arsenic a higher proportionality of younger generations proceed to grounds beardown request for crypto, contempt the slowdown successful colonisation growth."

Other studies besides suggest that Gen Z and millennials thin to person the highest adoption rates for cryptocurrencies retired of each colonisation groups. In October 2022, a Charles Schwab survey revealed that almost 50% of Gen Z and millennials privation crypto successful status funds. The survey besides recovered that 43% of Gen Z and 47% of millennials already put successful cryptocurrencies extracurricular their 401(k) status accounts.

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