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Bitcoin Became A More Appealing Investment After COVID-19, New Grayscale Survey Finds

Emily Mason

Summary: Investors in the United States are more interested in Bitcoin now than they were a year ago, in part due to the coronavirus pandemic, a recent survey published by Grayscale reveals. 1,000 American investors between the ages of 25 and 65 took part in the survey and showed that most Bitcoin investors are employed, college-educated, ...

Investors in the United States are more interested in Bitcoin now than they were a year ago, in part due to the coronavirus pandemic, a recent survey published by Grayscale reveals.

1,000 American investors between the ages of 25 and 65 took part in the survey and showed that most Bitcoin investors are employed, college-educated, male and younger. Investors interested in Bitcoin often describe their strategies as "aggressive" and are actively seeking new opportunities.

Comparing survey results to results from a similar Grayscale survey last year, familiarity with Bitcoin is up 9% and interest in the cryptocurrency is up 19%. Notably, 63% of new Bitcoin investors said the coronavirus pandemic impacted their decision to invest and 39% said the pandemic made Bitcoin more appealing.

By Emily Mason

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Link: Bitcoin Became A More Appealing Investment After COVID-19, New Grayscale Survey Finds   [Copy]
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