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Republicans Outpace Democrats In Crypto Adoption As Political Divide Emerges In U.S. Market

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International Business Times Fews App News Provider
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Republicans and Democrats had reported similar levels of crypto use in earlier surveys, but Republican participation has risen from 16% in 2021 while Democratic usage has remained unchanged at 17%, figures from Pew Research Center showed. Pixabay Cryptocurrency ownership in the United States has developed a noticeable political divide, with Republicans now participating in digital assets at higher rates than Democrats at a time when geopolitical tensions and conflicts in the Middle East have kept investors closely watching global markets. About 22% of Republicans and Republican-leaning independents said they have invested in, traded or used cryptocurrencies such as bitcoin and ether, compared with 17% of Democrats and Democratic leaners, according to a survey of 8,512 U.

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