American Investors Flock to Cryptocurrencies Over Traditional Assets
A recent survey conducted by Kraken has revealed that American investors have more faith in Bitcoin than traditional assets like real estate. The poll of 2,191 US residents aged 18 and over showed that 36% believe cryptocurrencies have bigger growth potential than stocks, bonds, or real estate.
This is a significant shift in investor sentiment, with only 34% still having faith in stocks and 13% and 17% respectively believing in bonds and real estate. The survey also found that 73% of US crypto users plan to keep investing in 2025, with 45% being 'very likely' and 29% 'somewhat likely' to do so.
High earners are leading the charge, with those with household incomes between $175,000 and $200,000 showing a staggering 82% interest in crypto. Even lower-income households are interested, with 59% of those earning between $0 and $24,999 keen on investing in cryptocurrencies.