Gemini’s report on the crypto market
Gemini’s report on the crypto market
World News

Gemini’s report on the crypto market

By Vincenzo Cacioppoli - 5 Apr 2022

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According to Gemini’s latest report, nearly one in five Britons owns crypto in their portfolio, a considerable increase of 15% on the previous year. 

The most interesting figure is the percentage of women investing in cryptocurrency, at around 40%. In previous research, the percentage was 20-22%.

UK: Gemini’s crypto market report 

The report was done on a sample of about 2,000 people and 18% said they were cryptocurrency investors, of which about half said they had become so in the last year.

Gemini’s UK market manager Blair Halliday said: 

“2021 was transformational for UK cryptocurrency ownership. Confidence in and awareness of crypto has increased dramatically”.

Of those who have invested, 40.9% hold less than £1,000 in investments on average, while 37.1% hold between £1,000 and £5,000 in crypto assets. 

Women make up more than half of all investors (53.4%) who invest between £1,000-£5,000. Only 22.1% of all cryptocurrency investors claim to have more than £10,000 in assets.

In terms of age categories, 27.5% are in the 18-24 age group, 33.1% in the 25-34 age group and 24.2% would be in the 35-44 age group. 20% represent those interested in investing in cryptocurrencies in the 45-54 age group and another 16.7% are over 55.

United Kingdom bitcoin crypto report
About one in five Britons claim to own crypto, according to the latest Gemini report

Not just UK: data from the rest of the world

Gemini also carried out the same research referring to the rest of the world and found that almost half of cryptocurrency investors would have done so in the past year. The survey was of 30,000 people worldwide conducted between November 2021 and February 2022.

Brazil and Indonesia lead the world in the particular ranking on cryptocurrency adoption, Gemini found, with 41% of people surveyed saying they own cryptocurrencies, compared to 20% in the US and 18% in the UK.

Only 16% of respondents in the US and 15% in Europe believe cryptocurrencies protect against inflation, compared to 64% in Indonesia and India.

Only about 17% of Europeans said they would own digital assets in 2021 and only 7% of those who do not currently own digital assets said they would buy digital assets in the near future.

Vincenzo Cacioppoli

Vincenzo was born in Genova but lived most of his life in Milan. He has a degree in political science. He is a journalist, blogger, writer, and marketing and digital advertising expert. After a long experience in traditional marketing, he started working with the web and digital advertising in 2011, creating a company called Le enfants. Passionate about the web and innovation, in 2018 he started exploring the topics related to blockchain technology and cryptocurrencies. Independent cryptocurrency trader since March 2018, he now collaborates with companies in the sector as a content marketing specialist. In his blog. mediateccando.blogspot.com, he has long been primarily focused on blockchain, which he considers to be the greatest technological innovation after the Internet. His first book about blockchain and fintech is scheduled for release in November.

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