Low-income crypto investors sold off holdings during crash

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City AM

By Hamza Fareed Malik Low-income crypto investors sold off their holdings as the crypto crash swept across the industry, while wealthier investors held on to their portfolios. 46 per cent of crypto investors sold their holdings, with lower income individuals the most likely to do so, a survey by US-based intelligence company Civic Science found in a survey of thousands of crypto investors. 26 per cent of investors said they sold all or a lot of their positions, while 20 per cent sold some of it. 65 per cent of lower income individuals, those with incomes $50,000 (£40,766) per year or less, sol…

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