American Investors Favor Cryptocurrencies Over Traditional Assets
A new survey by Kraken has revealed a shift in investor sentiment among American residents. The poll of 2,191 people aged 18 and over found that 36% believe cryptocurrencies have more growth potential than traditional assets like stocks, bonds, or real estate.
This is a significant finding, as it suggests that investors are increasingly looking to digital coins for long-term gains. In contrast, only 34% of respondents still have faith in stocks, while bonds and real estate trail behind with 13% and 17% respectively.
The survey also found that 73% of US crypto users plan to continue investing in 2025, with a solid majority (45%) being 'very likely' to do so. High earners are leading the charge, with 82% of those earning between $175,000 and $200,000 planning to invest in crypto.
Notably, even among lower-income groups, there is still significant interest in cryptocurrencies, with 59% of those earning less than $25,000 keen on investing. However, the survey found that a clear preference exists for established coins like Bitcoin, with 70% of respondents preferring these over newer memecoins.