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More than half of Americans view cryptocurrencies as a threat to the economy., 2026/05/04 12:59:50
In a comparison of banks and cryptocurrencies as the preferred means for accessing financial services, 65% of Americans express trust in banks, while only 5% favor cryptocurrencies, according to a survey conducted by Public Opinion Strategies.
60% of respondents believe that cryptocurrencies will have a predominantly negative impact on the economy.
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Slightly more than half of those surveyed, 52%, view cryptocurrencies as a long-term trend. However, only 27% of Americans admitted to having invested in cryptocurrencies. Most of these investments were made several years ago; 46% of survey participants stated that they have no connection to cryptocurrencies and do not plan to engage with them. 27% have not yet invested in such assets but do not rule out the possibility in the future.
Only 2% of U.S. residents own digital assets valued at over $10,000. 9% hold cryptocurrencies worth between $1,001 and $10,000, while 12% possess amounts up to $1,000.
Decentralized finance (DeFi) is familiar to only 60% of respondents, and just 17% have a positive view of DeFi.
53% acknowledged that their perception of the crypto market worsened after learning more about the crypto industry and reading recent news. Negative sentiments towards cryptocurrencies are most commonly exhibited by individuals over 45 years old, with distrust increasing with age, as noted in the study.
The highest interest in crypto assets is shown by men, Republicans, and members of national minorities. Those who view cryptocurrencies positively primarily focus on the profitability of the assets. In contrast, those who are skeptical pay attention to instances of fraud.
Approximately 36% of crypto traders surveyed by the CEX.IO exchange reported that they have reduced their everyday spending due to the decline in digital asset prices. One in ten investors stated that they are forced to save in order to maintain their cryptocurrency positions.
