Bitcoin remains the most popular cryptocurrency in the UK, with approximately 5.3% of the adult population owning it. This translates to around 3.9 million individuals. Recent data shows that about 12% of UK adults have engaged with cryptocurrencies, marking a significant increase in adoption.
Demographic Insights
- Age Distribution: Crypto ownership is most prevalent among younger adults. Approximately 18% of individuals aged 28–43 and 17% of those aged 18–27 have invested in cryptocurrencies. In contrast, only 6% of individuals aged 44–59 and 1% of those aged 60–78 have done so.
- Gender Gap: Men are more likely to invest in cryptocurrencies, with 13% of men and 6% of women reporting ownership. Among male investors, 64% own Bitcoin, while 56% of female investors do.
Market Trends
Bitcoin dominates the UK crypto market, with 61.2% of crypto investors holding Bitcoin. Other popular cryptocurrencies include Ethereum, Solana, and Dogecoin.
Regulatory Landscape
The UK government is actively working on legislation to regulate cryptocurrency exchanges, dealers, and agents. The proposed regulations aim to enhance transparency, consumer protection, and operational resilience within the crypto-asset sector.
Summary
Bitcoin maintains a strong presence in the UK’s cryptocurrency landscape, with a growing number of individuals across various demographics showing interest and investment in digital assets.
