As many as 49 percent of millennials in America are comfortable with investing in cryptocurrency, according to a Bankrate survey. Out of the 49 percent, 15 percent answered they are ‘Very comfortable’ with investing in cryptocurrency while 34 percent picked ‘Somewhat comfortable.’
People in the age group of 25-40 years are also called millennials.
Meanwhile, 37 percent of Generation X (ages 41-56) and only 22 percent of baby boomers (ages 57-75) said they were comfortable with investing in digital currency.
The study conducted for Bankrate via phone interview by SSRS interviewed 1,008 adults from May 25-30, 2021.
The cryptocurrency frenzy has taken over investors with the world cryptocurrency market touching $3 trillion for the first time,
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