1 in 5 US voters traded, invested in or used crypto, says new poll
About one in five US voters, or 19%, said they invested in, traded or used crypto at some point, a new Emerson College poll found.
Data was released on Dec. 17 from the poll of 1,000 registered voters taken between Dec. 11 and Dec. 13 that found almost 40% of crypto-using respondents also made a purchase with it .
“Crypto users are younger and have a larger minority base, highlighting crypto as a growing, diverse constituency for political support: 57% of crypto users have a favorable view of Donald Trump,” said Spencer Kimball, executive director of Emerson College polling.
Trump’s campaign saw the president-elect rally behind the crypto industry. He’s since nominated many pro-crypto figures to head key financial regulators, including the Securities and Exchange Commission.
Emerson’s survey shows respondents under 40 comprised the largest percentage of crypto users, with nearly a third having used crypto.
Kimball noted that the figure declined with age, with “28% of voters in their 40s, 17% in their 50s, 9% in their 60s and just 4% over 70 are crypto users.”
Crypto is mostly used by voters under 40, and its use declines with age. Source: Emerson College
Men are twice as likely to use crypto as women, with 26% of male and 13% of female respondents responding that they used crypto.
About a third of crypto users were Asian, Hispanic or Black, compared with just 14% who were white.
About 40% of the polled voters supported a ban on the social media platform TikTok , but that waned for those under 29 years old.
About 40% of those polled by Emerson College support a ban on social media platform TikTok. Source: Emerson College polling
Crypto voters growing influence
Another Oct. 17 survey by crypto advocacy group, the Digital Chamber, found that about 26 million US voters were part of a “crypto voting bloc” who think pro-crypto policy is a top requirement when voting for a political candidate.
One in seven, or 16%, of the 1,004 respondents said crypto was “extremely” or “very” important in deciding who to vote for.
Related: ‘The crypto voting bloc is not voters’: Political scientists debate election impact
A poll from Grayscale and a market researcher, found over half of US voters were more likely to vote for a pro-crypto candidate.
After the 2024 presidential election, hundreds of pro-crypto candidates won seats in Congress. Industry leaders have suggested the US government could become the most pro-crypto in history , which should result in a more favorable regulatory environment.
Magazine: 13 Christmas gifts that Bitcoin and crypto degens will love
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New Cryptocurrency Rules in Türkiye in 2025; Details
Orochi Network Partners with OG Labs for AI and Blockchain Advancement
Jupiter will airdrop 700 million JUP next month, worth over $590 million
The Korean won exchange rate fell below 1,480 won to the dollar, the lowest since 2009