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Bitcoin traded round $45,000 on Wednesday morning.
The cryptocurrency entered the week on a two-day dropping streak.
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Bitcoin fell greater than 1% throughout that slide and is down greater than 1% year-to-date.
If you happen to suppose the curiosity in cryptocurrencies grew largely prior to now yr, you would be proper and there is proof to again it up.
Nearly half of all cryptocurrency homeowners in the USA, Latin America and the Asia Pacific bought the digital property for the primary time in 2021, based on a brand new survey reported by Reuters.
The U.S. cryptocurrency change Gemini carried out the survey from Nov. 2021 to Feb. 2022.
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Almost 30,000 folks throughout 20 international locations took half within the survey.
Main the world in crypto adoption had been Brazil and Indonesia with 41% of individuals surveyed in these international locations reporting crypto possession.
That compares to twenty% in the USA and 18% in the UK.
Gemini discovered that 79% of people that reported proudly owning crypto final yr mentioned they selected to buy the digital property for his or her long-term funding potential.
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It stays to be seen if the adoption momentum can hold tempo this yr.
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