Crypto Gains Importance for 2024 Voters


New York, Tuesday, June 4, 2024 – A recent Harris Poll survey for Grayscale shows Crypto assets and currencies are becoming increasingly significant to American voters as the 2024 US presidential election approaches.1

Conducted from April 30 to May 2, 2024, the survey reveals growing interest in crypto assets amid persistent inflation and geopolitical tensions.

Key findings include nearly half of voters (47%) expecting to include crypto in their investment portfolios, up from 40% late last year. Inflation remains the top issue, with 28% of voters ranking it as their primary concern.

Crypto ownership shows bipartisan interest, with similar rates among Republicans (18%) and Democrats (19%).

Recent crypto bills, such as FIT21 and SAB 121, have garnered bipartisan support.

Voter interest in crypto investments has increased due to significant events like the Bitcoin ETF approval and the Bitcoin Halving. Additionally, attention to Bitcoin has grown due to geopolitical tensions, inflation, and risks to the U.S. dollar.

Bitcoin’s price reached an all-time high on March 13, 2024, and has remained higher than in previous election years.

In the political landscape, former President Donald Trump has embraced crypto, with voters split on which party is more favorable to digital assets.

Republicans tend to focus more on inflation and the economy, while Democrats prioritize issues such as gun violence, climate change, and income inequality.

Looking ahead, crypto assets are expected to be a significant topic in the upcoming June 2024 presidential debate between President Joe Biden and Trump.

The next administration’s approach to digital assets will be crucial, particularly for younger voters who are increasingly interested in this emerging sector.

The survey, conducted among 1,768 adults planning to vote in the 2024 election, has a precision of +/- 2.5 percentage points with a 95% confidence level.

Sources
  1. grayscale.com: https://www.grayscale.com/elections[]
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