According to Foresight News, a recent report by Decrypt reveals that the Financial Conduct Authority (FCA) of the United Kingdom has published a new study indicating that 12% of UK adults currently own cryptocurrency, up from 10% previously. This percentage translates to approximately 7 million cryptocurrency holders in the UK, a significant increase from 5 million in 2022. The report highlights that the average value of individual cryptocurrency holdings has risen from £1,595 to £1,842. Additionally, the proportion of users holding between £5,001 and £10,000 in crypto assets has increased from 6% to 19%. Notably, only 10% of respondents admitted to not conducting any research before purchasing cryptocurrency, while 20% stated that their primary motivation for buying cryptocurrency was influenced by 'friends and family.'
