Crypto adoption in Ireland down over 16% in the last year
Adults in Ireland have become slightly less interested in crypto with a drop in ownership from 12% to 10% in the last year. The number of crypto investors in Ireland has decreased slightly in the past year, or so it appears according to recent data from Finder.com. The report revealed that cryptocurrency adoption in the island nation has dropped by approximately 16.6% within the last year. Of the surveyed adult Irish internet users, 10% own cryptocurrency, as opposed to 12% in 2021. Finder’s crypto specialist James Edwards commented that such a small decrease is actually a positive shock given the state of the bear market. “We saw huge drops in the price of Bitcoin at the start of May and June and while we did see a reduction in the number of people holding cryptocurrency it’s not as severe as expected." Edwards says the data suggests that despite the selloffs, the low drop in holders signals both hodlers and even more purchasing at discounted rates. The survey also highlighte...