Bitcoin News

41% of Voters Looking at Bitcoin and Crypto Due to Weakening Dollar and Political Tensions: Grayscale Survey

41% of Voters Looking at Bitcoin and Crypto Due to Weakening Dollar and Political Tensions: Grayscale Survey

More US voters are showing an interest in Bitcoin (BTC) and crypto due to geopolitical and economic uncertainty, according to a new Harris Poll survey conducted on behalf of Grayscale.

Harris Poll surveyed 1,768 adults in the US between April 30th and May 2nd, after conducting a similar “Phase 1” survey between November 27th and 29th.

The market research and analytics company says it weighted data points to bring its respondents in proportion with the country’s population.

Grayscale notes the results revealed an uptick in interest in crypto. 

“Over the past six months, since Phase 1 of this survey, voters have been paying more attention to Bitcoin because of geopolitical tensions, inflation, and risks to the US dollar (41% vs. 34% in November 2023). Notably, inflation is by far the top issue in the election according to voters (28%), underscoring the potential value of assets like Bitcoin with a transparent and hard-capped supply.”

Source: Rekt Capital/X

Nearly one-third of the survey’s respondents said they have become more open to learning about crypto investing or actually investing in crypto since the beginning of 2024.

Grayscale also notes that 23% of voters view crypto as a good long-term investment opportunity (compared to 19% last November), while 47% expect some of their investment portfolio to include crypto.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: DALLE3

Click Here to Read the Full Original Article at Bitcoin News – The Daily Hodl…