Key Points:

U.S. crypto adoption reached 17% in June, the highest among major economies.

Adoption is especially strong among men, the wealthy, and individuals aged 18–34.

Optimism around pro-crypto political rhetoric may be fueling youth interest.

A June Deutsche Bank survey reveals that cryptocurrency adoption in the United States has climbed to 17%, outpacing the United Kingdom (11%) and the European Union (10%), making the U.S. the largest adopter among major Western economies.

The report highlights that U.S. adoption is highest among young adults aged 18–34, with usage in this group rising from 24% in January to 29% in June. Analysts suggest this jump may reflect increased optimism over the 2024 election cycle, particularly Donald Trump’s perceived support for crypto-friendly policies.

Crypto usage in the U.S. is also gender-skewed, with 23% of men using digital assets for payments or investments, compared to 13% of women. The survey notes that men are generally more confident in their understanding of crypto markets.

Additionally, the data shows that wealthier Americans make up a significant portion of users—32% of adopters reported having higher income levels, indicating continued concentration of crypto ownership among the affluent.