A study conducted by the US Federal Reserve found that eighteen million American adults (7% of the population) invested in digital assets over the past year. The survey was conducted among eleven thousand residents of the country over eighteen years of age.

The US Federal Reserve (FRS) found that only 1% of adults in the country used cryptocurrencies as a means of payment for goods and services, which is half as much as in 2022.

Federal Reserve analysts say Americans are increasingly holding cryptocurrencies as investment products. Men use virtual coins three times more often than women, and the bulk of American crypto investors are millennials and zoomers.

The agency noted that in 2022, the number of adult US citizens owning digital assets was higher and amounted to 10%. In 2021, this figure reached 12%.

Note that the results of the Federal Reserve survey differ from a study by the largest American exchange Coinbase, according to which 52% of the US adult population use cryptocurrencies. Earlier, analysts from the research company Kaiko stated that the American market has a greater influence on the cryptocurrency rally – 46% of Bitcoin trading volume occurs during the trading session in the United States.