- Around 106 million people are now using cryptocurrencies around the world, Crypto.com estimated in a report.
- deVere Group said its clients aged 55 and above are increasingly drawn to tokens like bitcoin.
- The bitcoin price has soared this year and was up around 68% to $49,260 on Thursday morning.
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More than 100 million people around the world are now using cryptocurrencies – and a growing number of baby boomers and Gen Xers are becoming interested in bitcoin and other tokens, according to two separate reports.
A report from exchange Crypto.com estimated that there were 106 million crypto users around the world in January, following a 16% jump in participants last month alone.
A separate survey from financial advisory group deVere found 70% of its clients aged over 55 had already invested in digital currencies, or were planning to do so, in 2021, despite bitcoin and others being strongly associated with younger, millennial investors.
Crypto.com’s report said the surge in the price of bitcoin and other digital tokens had been a key driver of the increased interest in cryptocurrencies.