More than one in three US crypto traders have cut everyday spending due to current market conditions, according to a new CEX.IO survey.Â
Summary
- CEX.IO found 36% of US crypto traders reduced daily spending due to current market conditions.
- About 37% delayed or cancelled purchases, including homes, cars, and renovation plans amid crypto losses.
- Despite the downturn, 79% of respondents plan to hold or increase crypto positions.
The exchange surveyed 1,100 active US-based users. The survey found that 36% of respondents reduced daily expenses because of the crypto downturn. Another 10% said those cuts involved major sacrifices to keep their crypto positions.
CEX.IO…
