Young UK adults stand by crypto despite $2trn crash

Survey commissioned by WisdomTree

Valeria Martinez
clock • 2 min read

The crypto winter has not deterred young UK adults from investing in the asset class, a survey commissioned by WisdomTree has found, but nearly half revealed they do not know how crytocurrencies work.

From over a thousand British adults surveyed aged between 18 and 30, four in ten (40%) revealed they now have a more positive view towards cryptocurrencies than when Bitcoin reached an all-time high of over $68,000 in November 2021. The cryptocurrency market has lost over $2trn in value since then. The survey, conducted by Opinium Research, also shows that the number of young British adults invested in cryptocurrencies is nearly the same as the number invested in Stocks and Shares ISAs, 27% and 28% respectively. Familiarity of cryptocurrencies is high, with nearly nine in ten (89%) be...

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