According to a new survey, 46% of millennials in major population countries such as the United States, China, Japan, Germany, Indonesia, and Nigeria own cryptocurrencies.
The study, conducted between July 2022 and January 2023 and published by cryptocurrency exchange Bitget on April 28, included approximately 255,000 adult respondents from 26 countries, each with There were approximately 10,000 Respondents in the region. According to the survey, 46 percent of millennial respondents own cryptocurrencies, compared to 25 percent of Gen Xers, 21 percent of Gen Zers, and 8 percent of Baby Boomers. The study has a 95% confidence interval with a margin of error of ±0.1%.
Additionally, 4% of Baby Boomers, 6% of Gen Xers, 27% of Millennials, and 36% of Gen Z respondents said they believe cryptocurrency regulation is an important factor when voting for political candidates. Bitget staff wrote: " the start of the next decade, despite slowing population growth, the demographic process could lead to increased acceptance of cryptocurrencies as a growing younger generation continues to demonstrate a strong appetite for cryptocurrencies dramatic transformation."
Other studies have also shown that Gen Z and millennials tend to have the highest adoption rates of cryptocurrencies among all demographic groups. In October 2022, a Charles Schwab survey revealed that nearly 50% of Gen Z and millennials want to use cryptocurrency rencies in their retirement funds The survey also found that 43 percent of Gen Zers and 47 percent of millennials have invested in cryptocurrencies outside of their 401(k) retirement accounts.
