Crypto adoption across generations: examining ownership age trends
Which age group owns the most crypto? We’ve analyzed the latest studies on cryptocurrency adoption to explore the ownership trends among different generations . Millennial dominance in crypto adoption Millennials seem to have the highest ownership rates among all generations. They are the dominant group of crypto enthusiasts, accounting for 46% of the respondents, the study by Bitget, a crypto derivative and copy trading platform, shows. The company analyzed over 255,000 survey responses from 26 countries between July 2022 and January 2023. They categorized participants into four age groups: baby boomers (born pre-1964), Gen Xers (born 1965-1980), millennials (born 1981-1996), and Gen Z (born post-1997). Millennials and Gen Z have the highest crypto ownership rates | Source: Bitget The Bitget study also suggests millennials and Gen Z individuals are more favorable towards cryptocurrencies due to their familiarity with the internet and digital technologies. Growing up in ...