Cryptocurrency adoption and sentiment report:

According to security.org report

Cryptocurrency markets enjoyed a healthy recovery in 2023 following a tumultuous 2022 bear market that left several cryptocurrency companies insolvent. The recent rally in crypto prices aligns with the multi-year economic cycle centered around Bitcoin’s supply halving. The fourth halving is coming up in April 2024

Security.org analysts conducted their annual cryptocurrency study for the 4th year as the crypto market recovered. This year’s research includes insights from over 1,500 Americans and gauges consumer sentiment and key factors in cryptocurrency adoption

Key Findings

-Cryptocurrency awareness and ownership rates have increased to record levels: 40% of American adults now own crypto, up from 30% in 2023. This could be as many as 93 million people.

-Among current crypto owners, around 63% hope to obtain more cryptocurrency over the next year. Their most desired currencies were Bitcoin, Ethereum, Dogecoin, and Cardano.

-The rate of crypto ownership by women has surged from 18% a year ago to 29% at the start of 2024.

-21% of non-owners said the anticipated Bitcoin ETF makes them more likely to invest in cryptocurrency.

This means as many as 29 million more Americans could join the market soon.

-46% of Americans think Bitcoin ETF approvals in 2024 will positively impact the blockchain industry. Those who currently own cryptocurrencies are even more likely to be optimistic.#TrendingTopic #BTC #HalvingHorizons $BTC $ETH $SOL