Ethereum

According to Cointelegraph, the Consumer Finance Institute (CFI) of the Federal Reserve's Philadelphia branch released a report on September 6th showing that cryptocurrency holdings have not increased with market recovery. The survey shows that from January to October 2022, the cryptocurrency holding rate decreased from 24.6% to 19.1%. Despite the market recovering in the following 18 months, the holding rate in January 2024 was only 15.4%. During the peak of Bitcoin prices in March and the halving period in April, there was no significant increase in the holding rate. However, researchers point out that this year's price increase seems to have driven an increase in future purchasing intentions. During the cryptocurrency winter of 2022, the willingness to purchase decreased from 18.8% to 10.6%, but as the market recovers, 21.8% of respondents indicated that they may purchase cryptocurrency by April 2024. @drivenbyboredom