Posthaste: Record savings rate fuels surge in bitcoin ownership among Canadians bitcoinprice bitcoinmining cryptocurrencymarket
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All the extra money resulted in what the Bank of Canada report called “significant increases in Canadian investment in mutual funds and securities denominated in foreign currencies, as well as crypto assets.” Bitcoin owners are still more likely to be “relatively young” men, who are well educated with a good income. But 68 per cent of bitcoin owners aged 55 and older were recent buyers, even though this age group still only accounts for 11 per cent of recent owners and 4.6 per cent of long-term owners.
More women also showed up as recent buyers than in the long-term owner category , but that could be because men tend to “skew” toward the longer-term owner category, the report cautioned.Article content
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