Fed report finds most Americans who own crypto tend to be high income hodlers By Cointelegraph

Fed report finds most Americans who own crypto tend to be high income hodlers

Cryptocurrency May 24, 2022 07:20PM ET

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Fed report finds most Americans who own crypto tend to be high income hodlers

The United States Federal Reserve Board has included data on cryptocurrency in its new Economic Well-Being of U.S. Households in the 2021 report. The Fed’s ninth annual report looked at survey results from 11,000 people questioned in October and November 2021.

The report indicated financial wellbeing is the highest it has been since reporting began, with 78% of U.S. adults “doing okay or living comfortably financially.” That is an increase of 3% over the last three years. As a diagnostic of financial fitness, the report cites the 68% of Americans who say they could cover a $400 emergency expense using cash or its equivalent alone.

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US 30	31,392.7	-108.0	-0.34%
US 500	3,899.7	-12.0	-0.31%
Dow Jones	31,500.68	+823.32	+2.68%
S&P 500	3,911.74	+116.01	+3.06%
Nasdaq	11,607.62	+375.43	+3.34%
S&P 500 VIX	27.23	-1.82	-6.27%
Dollar Index	103.865	-0.094	-0.09%

Crude Oil WTI	106.66	-0.40	-0.37%
Brent Oil	108.16	-0.94	-0.86%
Natural Gas	6.264	-0.017	-0.27%
Gold	1,836.45	+8.35	+0.46%
Silver	21.258	+0.099	+0.47%
Copper	3.7820	+0.0375	+1.00%
US Soybeans	1,520.75	0.00	0.00%

SPDR S&P 500	390.08	+12.02	+3.18%
iShares Russell 2000	175.09	+5.26	+3.10%
Invesco QQQ Trust	294.61	+9.76	+3.43%
Direxion Daily Junior Gold Miners Bull 2X Shares	41.52	+2.75	+7.09%
iShares Silver	19.51	+0.14	+0.72%
ProShares Ultra VIX Short-Term Futures	14.39	-0.40	-2.70%
ProShares UltraPro QQQ	27.98	+2.65	+10.46%

Apple	141.66	+3.39	+2.45%
Alphabet A	2,359.50	+114.66	+5.11%
Tesla	737.12	+31.91	+4.52%
Amazon.com	116.46	+4.02	+3.58%
Netflix	190.85	+9.14	+5.03%
Meta Platforms	170.16	+11.41	+7.19%
Bank of America	32.31	+0.23	+0.72%

Fed report finds most Americans who own crypto tend to be high income hodlers

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