The crypto market rally last year pushed prices of most digital currencies such as Bitcoin (BTC) and Ether (ETH) to new all-time highs making them increasingly popular among investors in the US. In fact, a recent report by the Federal Reserve revealed that more than 1 in 10 Americans owned crypto in 2021. Cryptocurrencies are relatively new digital assets that may be held as an investment or used for conducting financial transactions, the Fed said in its Economic Well-Being of U.S. Households report released this month. In 2021, most people using cryptocurrencies did so for investment...
source: https://tokenpost.com/Majority-of-American-crypto-owners-acquired-them-for-investment-and-not-for-use-in-transactions-9622
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