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Ronald Maguire

26 May 2022 254 Read Crypto , Bitcoin

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FED Admits U.S. Citizens' Increasing Interest in Crypto

The United States is at the top of the list of countries with an increasing share of cryptocurrency investors. The country with the highest number of Bitcoin ATMs is also the USA. The US Federal Reserve released the results of its survey of 11,000 US adults this week. The survey was conducted in October and November of last year.

US Citizens Invest in Crypto

The Fed concluded that 12% of US citizens with an annual income of 100,000 or more view cryptocurrencies as a priority investment product. However, only 2% of the country's adult population use cryptocurrencies to pay for goods and services or to send money to others.

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