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A new study has revealed that 75% of cryptocurrency owners in the <a href="https://ultramining.com/news/en/pennsylvania-a-new-hub-for-cryptomining-ignites-environmental-concerns/" rel="noopener noreferrer nofollow">United States</a> have annual incomes of less than $100,000. This indicates that digital currencies appeal not only to wealthy investors but also to a broad segment of the population.
The data also shows that 60% of crypto owners are Gen Z and millennials, highlighting the popularity of cryptocurrencies among younger generations. Additionally, 41% of owners are racial minorities, reflecting the diversity within the crypto market participants.
Experts note that these figures emphasize the inclusivity and accessibility of cryptocurrencies. This could contribute to reducing financial inequality and providing new economic growth opportunities across various demographic groups.
The study's findings also point to the need for education and public awareness about the risks and benefits of investing in cryptocurrencies to ensure safe and responsible participation in this market.

Study Finds 75% of US Cryptocurrency Owners Earn Less Than $100K

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