January 17, 2022

70% of US crypto holders started investing in 2021: Report

The vast majority of cryptocurrency owners in the United States made its first-ever crypto investments just within last year, according to a new survey.

About 70% of crypto hodlers in the U.S. started investing in cryptocurrencies like Bitcoin (BTC) in 2021, according to the Crypto Perception Report 2022 by Huobi Group, the operator of major crypto exchange Huobi.

The company polled about 3,100 American adults in mid-December 2021 to assess respondents’ knowledge of crypto, what they think about the crypto market rise in 2021 and more.

The survey found 68% of respondents got their first crypto exposure within the last year, while another 21% of those started investing in crypto up to two years ago. 12% of respondents made their first crypto investment within four years, while 9% began investing in crypto more than four years ago.

Source: Huobi Group

According to the survey’s findings, respondents did not invest too much in crypto, though. 46% of pollees reported having $1,000 or…

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