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    Home » Research: the growing popularity of cryptocurrency investments among residents of the USA and Canada

    Research: the growing popularity of cryptocurrency investments among residents of the USA and Canada

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    By BlockchainJournal on August 18, 2019 News
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    The popularity of cryptocurrencies is growing rapidly, not only in South America, but also in the USA and Canada. This is evidenced by the results of a study conducted by Nobl Insurance.

    A published expert report says that the U.S. cryptocurrency market only grew by about 48% in the first six months of 2019. Over the next 12 months, about 25 million Americans plan to invest part of their savings in Bitcoin (BTC) and other cryptocurrencies.

    According to the most recent data, 37% of cryptocurrency holders store more than $ 5,000 each in tokens, and another 8% invested $ 50,000 or more in digital assets.

    Despite numerous hacker attacks, many investors still do not pay due attention to protecting their coins. The report emphasizes that last year in the US, BTC holders lost about $ 1 billion, but only 10% of them prefer to store cryptocurrency in cold or autonomous crypto wallets .

    Note that in Latin America, the number of people wishing to buy bitcoin or another digital asset is also growing. For example, up to 80% of Colombian citizens have already expressed their willingness to purchase coins in the near future.

    Publication date 08/18/2019
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