Research shows that 20% of wealthy millennials invest in cryptocurrencies

According to CryptoGlobe, a study by the British law firm Michelmores LLP on the wealthy millennials (a generation born between 1981 and 1996) showed that 20% of people invested in cryptocurrencies such as bitcoin. It is said that this figure far exceeds the national average of 3%, and for the millennials with investable assets of more than £75,000 ($933,000), this percentage has even risen to 29%. Millennials are more likely to deal with investment companies and exchanges electronically, 35% say they invest through digital and online platforms, and 27% say they consult social trading platforms and traders' e-communities. According to the data, 70% of the 501 individuals surveyed admitted that their wealth came from wages, while 40% came from the return of investment products.