RATE Group | Half of American Millennials Interested in Using Crypto Exclusively
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Half of American Millennials Interested in Using Crypto Exclusively

08 Sep Half of American Millennials Interested in Using Crypto Exclusively

Posted at 17:06h in Cryptocurrency News by

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A new study among 1,202 adults revealed that around half of the American millennials are interested in converting to cryptocurrency primarily, as opposed to the U.S. dollar.

Bitcoin Dominance

The largest cryptocurrency dominates the markets, currently accounting for 54.8 percent of the entire market capitalization according to CoinMarketCap. While other cryptocurrencies abound, Bitcoin remains the most important and popular — especially for millennials.

However, Bitcoin (BTC) 00 is also leading the ranks in terms of popularity. The online survey carried out by the research service YouGov Omnibus between August 29th and 30th revealed that 79 percent of Americans are familiar with at least one type of cryptocurrency. 71 percent of those said that they’ve heard of Bitcoin, while the next best-known is Ethereum with 13 percent.

Interestingly enough, men seem to be more aware of digital coins — only 13 percent of men said they have not heard of any kind of cryptocurrency compared…

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