According to the latest research published by Pew Research Center, the rate of cryptocurrency usage in the USA has not shown a big jump in recent years. The research revealed that 19% of adults invest in or use digital assets. This rate remains close to the 16% level measured in 2021.
The gap widened according to political tendencies
The research pointed out a clear divergence in cryptocurrency usage depending on political preferences. While in previous years there was no remarkable difference between voters close to Republicans and voters close to Democrats, new data showed that this picture has changed.
Accordingly, the rate of those who say they use cryptocurrency among Republican and independent voters close to Republicans increased from 16% in 2021 to 22%. Among Democrats and voters close to Democrats, the rate remained constant at 17%.
While 19% of adults in the USA stated that they invested in cryptocurrencies or used digital assets, this rate has been seen to increase among Republican voters since 2021.
Pew Research Center, which published the research, is known as a US-based public opinion research organization and prepares regular surveys in the fields of politics, society and technology.
| Group | 2021 | Latest data |
|---|---|---|
| US adults overall | 16% | 19% |
| Republican-leaning voters | 16% | 22% |
| Democratic leaning voters | 17% | 17% |
Young men and high income groups came to the fore
The most striking picture in the demographic distribution was seen in young men. 38% of men between the ages of 18 and 29 said they have invested, traded or used cryptocurrencies at some point in their lives. This rate remained at 15% for women in the same age group.
The usage rate was also high among men between the ages of 30 and 49. In this group, 40% of the participants stated that they transacted with or used cryptocurrencies. The data showed that use was particularly concentrated in certain age and gender groups.
38% of men between the ages of 18 and 29 and 40% of men between the ages of 30 and 49 reported making a transaction or using cryptocurrency-related assets.
It was observed that as the income level increased, the rate of cryptocurrency usage also increased. 27% of adults living in upper-income households stated that they invested in or used digital assets. This result revealed that although cryptocurrencies have spread widely in the United States, they have found a stronger response, especially among young men, high-income groups and, recently, Republican voters.
