A new study has highlighted the extent of cryptocurrency adoption among United States citizens, with various assets becoming the preferred investment choices compared to traditional means.
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According to The State of Consumer Banking & Payments report published on January 25, 2022, by Morning Consult, most American adults at 24% owned cryptocurrencies as of 2021.
The figure was slightly higher than 23% of Americans who own certificates of deposit. Notably, a certificate of deposit refers to a savings account holding a fixed amount of money for a specified period.
Elsewhere, most of the respondents at 31% owned brokerage accounts while 14% held a Robo-adviser investment account. The study was conducted between December 23-25, 2021, while sampling feedback from 2,200 United States adults.
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