The U.S. Tax Agency has released data showing that cryptocurrency ownership has increased nearly threefold from 2020 to 2021. Areas with high exposure to cryptocurrency also saw a significant rise in mortgage and auto loan borrowing.

- The mortgage rate for low-income households in high cryptocurrency areas increased from 4.1% to 15.4% from 2020 to 2024. This indicates that profits from cryptocurrency may have supported larger down payments.

- Auto loan debt reached $1.6 trillion by early 2024, with a notable increase in high cryptocurrency areas. 🚗

- The delinquency rate for loans has decreased overall, particularly in high cryptocurrency areas. 📉

These changes indicate that cryptocurrency is having a profound impact on the financial market, creating new opportunities but also carrying risks.