Overview

• Around one fifth of American registered voters have purchased cryptocurrencies, with a slight majority favoring Donald Trump over Joe Biden in the upcoming presidential election.
• The poll, conducted by Paradigm, indicates a growing political influence of crypto owners, with 48% supporting Trump and 39% backing Biden.
• Despite the political divide, a significant portion of voters express distrust in both parties' handling of crypto policy, with 49% lacking confidence in either party.
• The survey also highlights a demographic shift, showing higher crypto ownership among communities of color and younger voters.
• Crypto-focused political action committees (PACs) are increasing their influence, with substantial funds being allocated to support preferred candidates.