Trump’s Bitcoin Push Fails to Broaden Ownership as Prices Halve From $125,000
Updated
Updated · Hindustan Times · Jul 26
Trump’s Bitcoin Push Fails to Broaden Ownership as Prices Halve From $125,000
2 articles · Updated · Hindustan Times · Jul 26
Summary
Only 9% of U.S. adults currently own cryptocurrency, the Urban Institute found, despite Trump’s pro-crypto push and easier access through spot Bitcoin ETFs.
Bitcoin’s slide to about $65,000 from roughly $125,000 in October 2025 appears to be driving exits, with 17% saying they have ever owned crypto and about 8% saying they no longer do.
More than 3,000 adults were surveyed in January, and the findings align with a Federal Reserve report showing 10% of Americans used crypto in 2025, versus about 62% who own stocks.
Trump has backed looser crypto rules, a proposed national crypto stockpile and easier retirement-plan access, but experts say volatility, complexity and weak diversification benefits still keep many investors away.