New Poll: Millennials aged 18-34 inclined towards Bitcoin as opposed to traditional assets


  • 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.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Top 3 price prediction BTC, ETH, XRP: Building on future profits

Bitcoin has recovered above $8,000 to trade at $8,220 at the time of writing. However, the upside momentum seems to be fading away as all major digital assets are nursing marginal losses during early Asian hours on Monday.

More Bitcoin News

Ethereum market update: ETH/USD range-bound amid low trading activity

ETH/USD bottomed at $168.35 on October 18 and, having recovered above $170.00 entered a range-bound phase. By the time of writing, the second largest coin settled at $174.30, amid slow trading activity.

More Ethereum News

Ripple price prediction: XRP/USD stuck at $0.29 – Confluence Detector

Ripple’s XRP is changing hands at $0.2900, off the recent high registered at $0.3041. Now the third-largest digital asset with the current market value of $12.5 billion has stayed unchanged in recent 24 hours amid range-bound trading on the global cryptocurrency market. 

More Ripple News

Litecoin: LTC/USD falling wedge pattern hints breakout

Litecoin is grinding closer to a falling wedge pattern likely to correct the extended downtrend. The zone at $50-53 becomes a viable support area capable of halting massive declines.

More Litecoin News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: Nothing to crow about

Bitcoin (BTC) attempted a recovery above $8,400 and resumed the decline into the end of the week.

Read the weekly forecast

BTC

ETH

XRP