- There has been an increase in the number of millennials who are interested in Bitcoin.
- The report says that 30% of millennials prefer BTC over traditional securities.
A report published on Forbes took into account a new survey that was carried out by Harris Poll in collaboration with Blockchain Capital. This particular report has been released in the wake of another research carried out by Adamant Capital which said that millennials were going to be a huge boost for Bitcoin in years to come.
Blockchain Capital survey was conducted in a period of two days between April 23 -25 and had more than 2,000 participants mainly United States citizens. The new report found that there has been an increase in the number of millennials who are interested in Bitcoin between the ages of 18 and 34. Precisely they have gone up from 42% in 2017 to 60% at the moment.
While Bitcoin is gaining a lot of traction across the board, Millennials particularly, are preferring Bitcoin to other forms of traditional assets. The report says that 30% of millennials prefer BTC over traditional securities, 24% will choose BTC over real estate while 22% believe that BTC is a better investment in comparison to gold.
You might also like: Bitcoin price analysis: BTC/USD struggling to stay afloat at $5,300
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.