Photo by Quantitatives on Unsplash
Most of the 50 million Americans who invested in cryptocurrencies in the last six months are people over 50 years old. Working-class people in the U.S. above the age of 50 are choosing cryptocurrencies as part of their retirement plans, despite crypto prices being at their lowest…Buying in the dip strategy, perhaps.
In addition, a Fed survey revealed that they see cryptocurrency as the future of finance. Bitcoin currently trades at around $25,769 and Ethereum at $1,377, but investors expect both to bounce back before the end of the year.
