On September 10th, crypto trading platform Gemini said in its "Global State of Crypto 2024" report on Tuesday that despite facing some significant headwinds, crypto adoption rates in the United States and the United Kingdom have remained stable in recent years, and the retail market now looks ready to rebound. The report, based on a survey of 6,000 people in the United States, the United Kingdom, France, Singapore, and Turkey, was conducted online from May 23 to June 28 this year.
The report says that between 2022 and 2024, cryptocurrency adoption in the United States and the United Kingdom will remain largely unchanged, at 21% and 18%, respectively. During the same period, digital asset ownership in France rose from 16% to 18%, while digital asset ownership in Singapore fell from 30% to 26%. Gemini said that nearly two-thirds of respondents said they hold cryptocurrencies because of their long-term investment potential, and 38% said they hold the asset class as a hedge against inflation.
Gemini: Crypto retail market expected to rebound
2024-09-10 11:25:42
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