- 19% of U.S. voters have engaged with cryptocurrency, with younger and minority groups showing higher adoption.
- Voter sentiment on tariffs and economic policies reveals sharp divides along party lines and age demographics.
- Support for key political figures and policies reflects polarization in the upcoming election landscape.
According to a new Emerson College poll, 19% of U.S. voters reported having invested in, traded, or used cryptocurrency. Of those users, the overwhelming 39% had used crypto to make a purchase. This is also driven by voters under age 40. Almost one-third of under 40 has tried crypto, compared to 4% over 70 years old.
Meanwhile, the findings included a demographic difference: males are twice as likely as females to use crypto, 26% compared to 13%, and the minority populations of Asian, Hispanic, and Black voters are participating in this area more than white voters do, 33% to 14%.
Political implications are emerging, as 57% of crypto users view Donald Trump favorably, suggesting a potential constituency for targeted political campaigns. Spencer Kimball, executive director of Emerson College Polling, emphasized this group’s diverse and growing nature, noting its relevance to political strategists.
Crypto and Policy Opinions Shape Voter Sentiment
The poll also probes several broader voter attitudes on seminal issues. Most believe tariffs on Canada, Mexico and China hurt the US economy although, as might be expected views break sharply along party lines. For example, 69 % of Trump supporters believe China tariffs helpful while 79% of Harris supporters believe they’re harmful.
Approval of President Joe Biden is still even lower, at 36%, while disapproval is higher, at 54%. The steadier ratings among partisan favorites show that Donald Trump maintains a steady 51% favorable rating, while Vice-President elect JD Vance divides perception with 41% favorable/unfavorable splits.
As regards controversies-such as whether or not to pardon Hunter Biden or issues regarding January 6 for President Trump-elect, the electorate is no less divided and polarized.
Support for banning TikTok reflects the generational divides, with younger voters most opposed and older demographics showing increasing support. This age-based divide cuts across attitudes toward societal events, such as the assassination of United Healthcare CEO Brian Thompson, which younger voters are more likely to find acceptable compared to their older counterparts.
In other words, the crypto and policy opinions exhibited throughout could also show a changing political-cultural landscape with new emerging divides to sculpt the 2024 election cycles in Emerson College’s poll.
Related | Bitcoin’s Bullish Surge: Will the Santa Claus Rally Push BTC to $123K?