RATE Group | The Number of Women in Crypto and Blockchain Is Skyrocketing in 2020
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The Number of Women in Crypto and Blockchain Is Skyrocketing in 2020

14 May The Number of Women in Crypto and Blockchain Is Skyrocketing in 2020

Posted at 07:33h in Bitcoin News by

It is widely believed that the cryptocurrency and blockchain sectors are almost exclusively male-dominated. However, a report released by CoinMarketCap on April 30 suggests otherwise. According to analysts, the number of women in the cryptocurrency industry increased by 43.24% in the first quarter of 2020.

Below is a breakdown of key factors that contributed to this record growth and why the numbers vary from region to region.

Women investing more in Bitcoin

A study published in December by Bitcoin (BTC) fund operator Grayscale showed that 43% of investors interested in Bitcoin are women — up from 13% last year — and this number is actively growing.

As global financial conditions tightened, many people began to invest in real estate, gold and cryptocurrencies. Assuming that females tend to be more pessimistic than males about the global economy, their confidence in cryptocurrency could significantly increase in 2020. As such, many women found a safe haven in digital assets.

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