Crypto enthusiasts, especially in the United States, seem to be doing a good job of creating more awareness for the industry, and convincing others to join in. This has been confirmed in a report by Australian financial services firm, Finder. According to the firm’s survey, the number of crypto holders in America in 2019, has almost doubled from the number recorded in 2018.

Finder’s survey report titled “A rising number of Americans own crypto”, which was released over a week ago, showed that in 2018, 7.95% of Americans owned crypto. This number, in 2019, has now increased to 14.4%.

The report which involved 2,068 respondents, further includes a few other findings. For example, there’s a significant difference between average amount held in crypto, and the median amount. The report says:

“Of those holding a type of cryptocurrency in their digital wallets, the average total in crypto is $5,447. However, roughly three-quarters of respondents actually held less than this amount, which is probably why the median amount of cryptocurrency in our respondent’s wallets was a more modest $360.”

Furthermore, Finder has found that even though Bitcoin (BTC) is the most popular, about 55.4% of all BTC holders also hold at least one other digital asset. The report also says the percentage of men who hold crypto is almost double the percentage of women with women at 10% and men at 19%, roughly calculated to about 12.9 million women and 23.6 million men.

Finder however notes that even with this increase, there still is a lot to be done regarding general cryptocurrency adoption. This is very believable especially when it is considered that a survey last year found that nearly 80% Americans have heard about Bitcoin.

Image Credits: Pixabay

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