US Retail Crypto Participation Surges to 12% in March

A new report by Deutsche Bank has revealed a significant increase in the participation rate of US retail investors in cryptocurrencies.

The survey, conducted among 3,400 consumers in the United States, United Kingdom, and European Union, found that the percentage of US retail crypto participants rose from 7% in February to 12% in March.

The report also highlighted the dominance of Bitcoin among surveyed investors, with approximately 70% holding the cryptocurrency. This is significantly higher than the proportion of stablecoins such as USDT or USDC held by respondents.