TechFlow news, on September 9, according to Cointelegraph, the Consumer Financial Institute (CFI) of the Federal Reserve Bank of Philadelphia released a report on September 6 showing that cryptocurrency ownership rates have not increased alongside market recovery. The survey found that from January to October 2022, cryptocurrency ownership dropped from 24.6% to 19.1%. Although the market recovered over the following 18 months, ownership in January 2024 stood at only 15.4%. Even during Bitcoin's price peak in March and the April halving, no significant growth in ownership was observed. However, researchers noted that rising prices this year appear to have boosted willingness to purchase cryptocurrencies in the future. During the 2022 crypto winter, purchase intent fell from 18.8% to 10.6%, but as the market recovered, by April 2024, 21.8% of respondents indicated they might buy cryptocurrencies.
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