Bank of America reports that 91% of respondents intend to buy cryptocurrencies in the next six months

06/13 14:51

Consumer interest in the cryptocurrency sector remains strong despite a sharp drop in the market. The bank recently surveyed 1,000 current and potential users of cryptocurrency and digital asset exchanges and found that 91% of respondents intend to buy cryptocurrencies in the next six months. The report also showed that the average size of crypto transactions conducted by respondents varied, with a common transaction size under $25. PayPal and Coinbase were the most frequently used platforms, at 53% and 46%, respectively. Also, the majority of respondents are short-term investors, with 77% typically holding cryptocurrencies for less than a year.

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