FED report finds 46% of American crypto holders earn over $100k
The United States Federal Reserve Board (Fed) includes crypto data in its new Economic Well-Being of American Households report.
46% of crypto holders make more than $100,000 each year, while 29% make less than $50,000.
The Fed report indicates that financial well-being is at its highest despite inflation headlines.
Despite a few snags, the digital asset industry has exploded in recent years, especially with regard to adoption. Investors, traders, and notable financial organizations all over the world have recognized the asset class. The United States is not immune.
The United States Federal Reserve Board (Fed) has included cryptocurrency data in its new Economic Well-Being of American Households report, which got published in 2022. The Fed released its ninth annual study, which looked at survey results from 11,000 individuals polled between October and November 2021.
46% of crypto holders make more than $100,000 each year, while 29% make less than $50,000.
The Fed report indicates that financial well-being is at its highest despite inflation headlines.
Despite a few snags, the digital asset industry has exploded in recent years, especially with regard to adoption. Investors, traders, and notable financial organizations all over the world have recognized the asset class. The United States is not immune.
The United States Federal Reserve Board (Fed) has included cryptocurrency data in its new Economic Well-Being of American Households report, which got published in 2022. The Fed released its ninth annual study, which looked at survey results from 11,000 individuals polled between October and November 2021.