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.
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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