Grayscale Survey: Weakening Dollar and Political Tensions Drive 41% of Voters towards Bitcoin and Crypto

Grayscale Survey: Weakening Dollar and Political Tensions Drive 41% of Voters towards Bitcoin and Crypto

A recent survey conducted by Harris Poll on behalf of Grayscale reveals that an increasing number of US voters are showing interest in Bitcoin (BTC) and cryptocurrency. The survey, which involved 1,768 adults in the US, was conducted in two phases – one in November and the other in April and May. The data was weighted to represent the country’s population accurately.
Grayscale highlights that the survey results indicate a rise in crypto interest. According to the findings, voters have been paying more attention to Bitcoin in the past six months due to geopolitical tensions, inflation, and risks to the US dollar. The percentage of voters concerned about these factors has increased from 34% in November 2023 to 41% in the recent survey. Inflation emerged as the top issue in the election, with 28% of voters expressing concern. This underscores the potential value of assets like Bitcoin, which has a transparent and limited supply.
The survey also reveals that nearly one-third of respondents have become more open to learning about crypto investing or investing in crypto since the beginning of 2024. Furthermore, 23% of voters view crypto as a favorable long-term investment opportunity, compared to 19% in November. Additionally, 47% of respondents expect to include crypto in their investment portfolio.
It is important to note that the opinions expressed in this article are not investment advice. Investors are advised to conduct their own research before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets. Transfers and trades in these assets are at the investor’s own risk, and any losses incurred are their responsibility. The Daily Hodl does not endorse the buying or selling of cryptocurrencies or digital assets, nor is it an investment advisor.

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