#CryptoUsersHit18M hashtag #cryptouserhit18million signifies that approximately 18 million American adults, or 7% of the population, owned or used cryptocurrencies in 2023, as reported by the Federal Reserve in May 2024. This marks a decline from previous years, with ownership dropping by 3 percentage points from 2022 and 5 percentage points from 2021. Notably, only 2% of adults used cryptocurrencies for financial transactions, including international transfers. However, industry figures have estimated higher numbers, suggesting that U.S. crypto owners could be as many as 85 million.
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