Crypto-aware American citizens are placing a great deal of emphasis on crypto related policies while casting their vote this presidential elections.
The findings of an annual survey examining the state of cryptocurrency engagement, sentiment, and literacy were released by CryptoLiteracy.org. According to the survey, 65% of Americans give a candidate’s cryptocurrency policies top priority when casting their ballots.
The percentage of respondents who said they knew “a great deal” about cryptocurrencies increased from 11.0% in 2022 to 31.8% in 2024, indicating a notable increase in cryptocurrency awareness, according to the survey.
America Sees Higher Desire For Good Crypto Regulations
The survey highlights that the public’s desire for clear regulations that could stabilize and further legitimize the market is evident in the fact that 59% of respondents ranked regulatory clarity as the top priority for the incoming presidential administration as the digital asset landscape changes.
Furthermore, 49% of respondents were in favor of using federal resources—including cryptocurrency that the Department of Justice has seized—to create a Bitcoin reserve. This shows a strong desire for government adoption as well as a daring move toward national involvement in the cryptocurrency economy.
Higher Crypto Understanding Co-relates to Rise in Buying Power
According to survey data, respondents who self-report knowing more about crypto are much more likely to own digital assets (98.6% of respondents who say they know “a great deal” about crypto compared to 32% of respondents who say they know “a little”). This wide discrepancy emphasizes how important confidence is to crypto involvement.
Risk perceptions seem to be influenced by misconceptions about crypto basics, as 35.2% of respondents (down from 43.1% in 2022) saw crypto as “extremely risky” in 2024.
Respondents may, however, misjudge some risks due to substantial knowledge gaps; roughly 43% of them stated that they consider cryptocurrency investments to be “somewhat risky.”
In addition to reporting lower confidence in their understanding of crypto, younger and lower-income respondents—who stand to gain from easily accessible financial opportunities—also highlight the need for focused literacy initiatives to close this gap.
US Elections See Heavy Crypto Influence
As UnCrypto reported earlier, currently, one in five Americans own digital assets. The population is exactly 52 million. These people have a lot of power and are frequently found in important swing states.
The crypto community will have a big impact on how the US presidential election turns out. Therefore, winning over Bitcoin enthusiasts would probably be a requirement for any government hoping to win an election.
It is projected that the US cryptocurrency market will bring in US$9.8 billion by 2024. An increase in institutional investors entering the US cryptocurrency market has raised demand and market prices.
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