The findings related to income levels, while interesting, aren’t as pronounced as the other two. What’s more, the geography bit is tied to the income/wealth bit. In short, the report suggests higher-income people buy for investment reasons (make money, diversify, etc.), and lower-income people buy bitcoin for utility reasons (easy way to send money, to purchase goods).
Cryptocurrency Price Today: Popular Coins Like Bitcoin, Ethereum Reported Gains As Threshold Emerged As Biggest Loser
Bitcoin (BTC) and Ethereum (ETH) — two of the most valued crypto coins — managed to rise above the $23,000...
