The crypto industry is still in its early stages, both in terms of its emergence around 17 years ago with Bitcoin and the age range of its investors, with 74% falling between 22 and 34 years old according to a survey by a major digital asset exchange.
Investors from the X generation, born between the mid-1960s and early 1980s (aged 40-59), make up 21% of the base. Meanwhile, only 5% of older “baby boomer” investors over 60 have traded cryptocurrencies.
Research indicates that older individuals tend to invest significantly more in digital currency compared to the younger generation. On average, baby boomers conduct transactions with a financial value that is 15 times greater than that of Generation Z.
The average trading amounts vary among different age groups, with younger individuals trading around R $ 4 thousand and older individuals trading as high as R $ 60 thousand. Customers from Generation X typically trade around R $ 40 thousand, while millennials trade around R $ 18 thousand.
Fabrício Tota, the new business director at MB, mentioned that the group’s long-standing clients belong to the intermediate generations, including millennials and Generation X, aged between 30 and over 50 years. The younger Generation Z, under 30, have also become clients, as they are just starting their investment journey.
Younger individuals tend to spend less money and keep cryptocurrencies for longer periods. This behavior indicates that they are still learning about how the market functions. It also shows how Bitcoin has evolved from being a decentralized digital currency to being viewed as a store of value by some investors.
Cryptocurrencies in key markets are showing strong performance.
Bitcoin (BTC) remains steady on Thursday (21), dropping just 0.07% and priced at $13,493.18 (R$ 620,808.69). Investor focus remains on selling pressure, indicating a cautious atmosphere in the cryptocurrency market.
The primary cryptocurrencies were trading at high levels at 8:20.
Bitcoin (BTC) has decreased by 0.07% to US$ 113,493.18.
Ethereum (ETH) has increased by 2.08% to reach US$ 4,300.27.
XRP (XRP) is up by 0.42% and is currently priced at $2.90.
BNB (BNB) has increased by 2.51 to reach US$ 853.54.
Solana’s price has increased by 2.24% to reach US$184.64.
Other notable moments of the day:
TRON (TRX) has increased by 0.69% to reach US$ 0.3530.
Top headlines in the cryptocurrency market
Nu Asset has introduced the initial ETF in Brazil that provides exposure to Bitcoin through future B3 contracts. Developed in collaboration with Nasdaq, this product, traded under the ticker NBIT11, replicates the Nasdaq Brazil Bitcoin Futures TR Index and follows the performance of nearest monthly maturity Bitcoin contracts on B3.
BC representative rejects proposal to include Bitcoin in Brazilian reserves, citing need for stability and low volatility assets in times of crisis. Ministry of Finance also opposes bill, emphasizing importance of security and liquidity over returns in reserve models.
