Finance

75% of Paxos respondents are confident in the future of cryptocurrencies

Paxos conducted a survey regarding cryptocurrencies. The results show that despite the crypto winter and unstable market situation, the majority of respondents are confident in the future of the cryptocurrency sector.

The firm surveyed 5,000 working-age adults in the United States. But it selected them based on certain criteria:

The respondent earns more than $50,000
has a bank account
Has bought cryptocurrency in the past three years

According to the survey, 72% of respondents are concerned about market volatility over the past year, and 75% are confident about the future of cryptocurrencies.

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