According to a new poll commissioned by crypto asset manager Grayscale. Concerns about inflation and a struggling economy among a quarter of Americans have sparked interest in cryptocurrencies.
Economic woes are more likely to spark interest in cryptocurrencies among young and diverse voters. In the current U.S. economic climate, nearly 40 percent of voters under the age of 45 said they were more interested in cryptocurrencies, while only 15 percent of voters 45 or older said they were more interested in cryptocurrencies, according to the survey.
More than half of voters surveyed who do not yet own cryptocurrency say they are waiting until the economy improves before investing. The poll results also indicated that about a third of black (30%), Hispanic (32%) and younger voters under 45 (33%) already own cryptocurrency.