Fed report finds most Americans who own crypto tend to be high income hodlers -Breaking
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Fed reports that crypto owners are most likely to have high-income hodlers.Data on cryptocurrency has been included by the United States Federal Reserve Board in their new Economic Well-Being of U.S. The 2021 Report on Households. The Fed’s ninth annual report looked at survey results from 11,000 people questioned in October and November 2021.
The report indicated financial wellbeing is the highest it has been since reporting began, with 78% of U.S. adults “doing okay or living comfortably financially.” That is an increase of 3% over the last three years. The report also cites 68% of Americans that say they can pay $400 in an emergency using cash alone.
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