"Ninety percent of respondents said they are concerned the US dollar will significantly lose purchasing power over the next five years. The sharper number: 45% chose 'extremely concerned,' making dollar anxiety the most common response in the survey."
"Nearly half of respondents said they increased crypto holdings in response to inflation concerns over the past six months. More than one-quarter said they did so within the last month."
Rising inflation concerns are prompting U.S. crypto traders to adjust their investment strategies. A survey by OKX revealed that 90% of traders fear the dollar will lose purchasing power. Consequently, 49% of respondents have increased their crypto holdings since January. The survey indicates that millennials express the highest level of concern, with 49% extremely worried. Additionally, 40% of traders have allocated over 10% of their portfolios to crypto, reflecting a significant shift in capital allocation amid inflation fears.
Read at news.bitcoin.com
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