Crypto

Fifty Million Americans Embrace Bitcoin as Gold Loses Appeal

Bitcoin Surpasses Gold as Preferred Investment Among Americans

In recent years, a noticeable trend has emerged in the United States: more Americans are choosing Bitcoin over the traditional safe haven of gold. Approximately 14% of the population has now embraced Bitcoin, a figure that surpasses those holding gold.

Rising Popularity of Bitcoin in the US

As of May 2025, an estimated 49.6 million Americans have invested in Bitcoin, compared to 36.7 million who own gold, according to a report by River. This indicates a significant shift in investment preferences among Americans.

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Global Impact of American Bitcoin Ownership

Americans account for 40% of Bitcoin holders worldwide, reflecting a substantial shift in investment choices. This change is occurring alongside a favorable regulatory environment for digital currencies in the United States, encouraging more individuals to explore cryptocurrency investments.

Demographics of Bitcoin Ownership in the US

Interestingly, Bitcoin ownership in the US spans various socioeconomic groups, with negligible impact from factors like race, religion, income, or political inclination. People from diverse political backgrounds, especially those identifying as politically neutral, are increasingly investing in Bitcoin.

Despite this broad appeal, Bitcoin ownership remains more prevalent among men and younger individuals. Specifically, 40.5% of Bitcoin holders are men aged 31 to 35, followed by 35.9% of men aged 41 to 45. Women, however, represent just 13.4% of Bitcoin owners, highlighting a notable gender disparity.

Age Distribution of Bitcoin Ownership

The age distribution shows that younger Americans are more inclined to invest in Bitcoin, reflecting a generational shift in investment preferences.

Changing Dynamics of Wealth Storage

The transition from gold to Bitcoin as a preferred store of value marks a significant shift in how Americans perceive wealth accumulation. Bitcoin’s digital nature offers convenient ownership, storage, and transaction capabilities, making it an attractive investment option for many.

Regulatory Support and Financial Products

Recent regulatory adjustments have enhanced Bitcoin’s accessibility through financial instruments like spot exchange-traded funds (ETFs), contributing to its growing adoption. Moreover, the White House’s recognition of Bitcoin as a strategic reserve asset has further bolstered its credibility.

Comparison of Government Reserves: Bitcoin vs. Gold

The United States leads the world in government-held Bitcoin reserves, holding 63.3% of the global total, a stark contrast to its 29.9% share in global gold reserves. China’s holdings are significantly lower, with 4.8% of global Bitcoin reserves and 8.4% of global gold reserves.

Gold’s Continued Relevance

Despite Bitcoin’s rise, gold retains its status as a safe-haven asset, particularly amid economic uncertainties fueled by trade tensions. The precious metal has experienced increased investment due to its historical stability.

Bitcoin’s Performance and Market Trends

Bitcoin’s market performance remains strong, consistently trading above the $100,000 mark. As of the latest data, the cryptocurrency is valued at $106,700, representing a 1.5% increase over the past 24 hours.

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Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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