Thanks to the fall in the price of all cryptocurrencies, 90% of the US population plans to buy

According to a survey by the US Central Bank, 90% of respondents will purchase cryptocurrency within the next six months.

The survey was conducted in early June: after the Terra ecosystem crash, but before this week’s crypto capitulation. Bear markets provide better opportunities to buy cryptocurrencies than bullish ones, and this is obviously well understood even by ordinary users.

Jason Kupferberg, the Central Bank’s chief analyst, emphasized that the survey results surprised even the management, given the current state of the markets: «It was interesting to learn that 90% of respondents actually plan to buy some cryptocurrency in the next six months.» Interestingly, the same percentage of respondents have already purchased cryptocurrency in the previous six months.

The sharp drop in prices in the cryptocurrency market provides ample opportunities for accumulation — the total market capitalization has now fallen by 70% from its historical high. However, many analysts advise investors who want to invest their savings in cryptocurrencies to wait for a longer period of consolidation after the «crypto winter,» which could last several months.