Cryptoverse: Will you grow old with bitcoin?
— Market, Week, Investors, Saw, Investment, Old, Retirement, Grow, Young, Asset, Crypto, Cryptoverse, Bitcoin — 1 min read
27% of Americans aged 18-60 - around 50 million people - have owned or traded crypto in the past six months, a poll published last week by crypto exchange KuCoin found. 28% of those aged 50 and above betting on crypto as part of their early retirement plans. Most popular for investing in crypto were that they saw it as the future of finance, they didn't want to miss a hot trend, and they wanted to diversify their portfolios. Bitcoin is trading at around $30,000, down 60% from a peak of $69,000 in November. Fidelity Investments caused a stir in April when it announced individuals will soon be allowed to allocate part of retirement savings in bitcoin through their 401(k) Source