Global Stock News

3 Moves Millennials Are Making With Their Crypto Portfolio

3 Moves Millennials Are Making With Their Crypto Portfolio

Millennials were early adopters of cryptocurrency, notably driving the first Bitcoin (BTC 4.12%) boom in 2017. Since then, the crypto market has grown significantly, rising from less than $100 billion to over $2 trillion. Let’s take a look at what millennial investors have been doing with their crypto portfolios to see what strategies they’re using.

One person holding a tablet while another person points at it.

Image source: Getty Images.

1. They’re incorporating stablecoins into their finances

Stablecoins (cryptocurrencies designed to remain pegged to another asset) have grown in popularity, especially with last year’s passage of the Genius Act, a federal law that provides a regulatory framework for stablecoins. Last July, 27% of Americans said they’ve already made purchases or investments with…

Source link

Share this article

Scroll to Top