December 4, 2021

Almost half of millennials in the US have invested in cryptocurrency

49% of millennials reported that they are comfortable investing in digital assets. 12% named cryptocurrency the best way of long-term investments.

Almost half of millennials in the US (49%) are comfortableinvests in digital assets like bitcoin. This follows from a study by Bankrate. Among Gen X and Baby Boomers, 37% and 22%, respectively, invest in cryptocurrency.

About 12% of millennials believe that cryptocurrencies arethis is the best way for long-term investment with a horizon of 10 years. 9% of Gen X and 5% of baby boomers consider digital assets to be the best investment vehicle in the next decade.

BitPay published the results in Junesurvey, according to which about 92% of American millennials who currently own or have owned cryptocurrency in the past want to use digital coins to pay for purchases in their daily lives.

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