A current survey carried out by Grayscale has many attention-grabbing discoveries a crypto fanatic loves to listen to. The outstanding one is its revelation in regards to the rising curiosity in Bitcoin amongst US voters. Let’s talk about a couple of key factors revealed by the Section 2 survey, held by Harris Ballot for Grayscale from April 30 to Could, 2024.
Rising Curiosity in Bitcoin: Statistics Information
In accordance with the survey, virtually 47% of voters anticipate to incorporate cryptocurrencies of their funding portfolios. Curiously, when an identical survey was carried out final 12 months (the Section 1 survey), solely 40% confirmed curiosity in together with cryptos. Because of this because the final survey, a major shift in voters’ attitudes in the direction of cryptos has occurred.
Bitcoin’s price can also be a key crypto-related subject mentioned within the survey report. As per the survey, voters are paying extra consideration to Bitcoin on account of ongoing geopolitical tensions, inflation and dangers to the US greenback. Over 41% of voters are influenced by the stated components, in keeping with the information introduced within the report. A vital commentary of the report is that the price of BTC in 2024 is far increased than throughout earlier election years. On July 6, 2024, the price stood at $56,568. Within the 2016 election, Bitcoin was valued at simply $729. A big rise within the price occurred solely in 2017. On the final day of 2017, the price touched $13,841. Throughout the 2020 election, BTC was priced at $14,036. However, in lower than two months, the price peaked at $61,164. This 12 months has been a exceptional 12 months for BTC. The price of crypto hit an all-time excessive in mid-March, crossing the mark of $73,000.
Bitcoin Present Market Development
Lately, the price of BTC has proven volatility. On the time of scripting this, the price was practically $56,568. For the final couple of days, the price has been consistently weakening. It has dropped practically 7.1% over the previous week. However, it has raised over 2.8% within the final 24 hours.
Because the 2024 US Election nears, BTC is changing into extra outstanding in voters’ minds. The survey knowledge clearly underscores this development.
Keep tuned to Coinpedia for extra updates on this!