Survey: Cryptocurrency Market Slump Forces One-Third of Traders to Cut Daily Expenses

04/26 21:35

On April 27, a recent survey by CEX.IO revealed that the recent slump in the cryptocurrency market has forced over one-third of cryptocurrency traders to reduce their daily expenses. The survey, which targeted 1,100 active users of CEX.IO in the U.S., indicates that the current market downturn is putting pressure on household finances, although the severity is not as drastic as when Bitcoin's price fell about 75% from its peak in 2022. Currently, Bitcoin's price is still approximately 40% lower than its high in October 2025, leading many retail investors to face unrealized losses. 36% of respondents stated that they have cut back on daily expenses due to market conditions, with 10% indicating that these cuts are significant sacrifices made to maintain their current investment positions. Additionally, 37% of respondents reported that they have postponed or canceled purchasing plans due to cryptocurrency trading losses, including 21% who have delayed major financial expenditures such as buying a home, a car, or renovations.
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