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Bitcoin isn't seen by investors as money, but is increasingly viewed as "digital gold," a study by Grayscale Investments has found.
Demand for the leading cryptocurrency surged in 2021, as interest grew despite the token's typical price volatility, the crypto firm said.
Grayscale's research arm surveyed 1,000 people in the US, aged between 25 and 64, for its 2021 bitcoin investor report released Monday. More than one-quarter, or 26%, of those surveyed already own bitcoin. Of those holders, 55% only got into the token in the past 12 months.
«Investors are eager to buy, a sentiment reflected by the recent all-time high in November 2021, placing bitcoin closer to $100,000 than it is to zero,» Grayscale said.
A majority of
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