Deutsche Bank Survey: Supported by Trump's Policies, Cryptocurrency Adoption in the United States Has Increased

On July 8, according to Jinshi Data, a survey conducted by Deutsche Bank in June showed that American consumers are the largest user group of cryptocurrencies, mainly men and young, wealthy people. Last month, the cryptocurrency adoption rate in the United States was 17%, higher than the United Kingdom's 11% and the European Union's 10%. Among young people aged 18-34 in the United States, the cryptocurrency adoption rate rose from 24% in January to 29% in June, mainly due to market optimism about the prospect of Trump supporting cryptocurrency policies. Among American respondents, wealthy people accounted for 32% of cryptocurrency adopters. In addition, 23% of American men said they use cryptocurrencies for payments or personal investment, compared to 13% of women. Male consumers generally believe that they have a deeper understanding of cryptocurrencies than women. [Deep Tide TechFlow]