The number of cryptocurrency users in England is decreasing while its value is rising.

Cryptocurrency Users Decline in the UK

The number of people holding cryptocurrency in the UK has dropped from 7 million to 4.5 million. However, it has been observed that the average cryptocurrency value held by investors has increased during this period. Nevertheless, awareness of cryptocurrencies remains at a level of 91%.

Another notable point is that the percentage of cryptocurrency ownership among the adult population has decreased from 12% to 8%, indicating fluctuations in cryptocurrency ownership.

The most popular cryptocurrencies among investors are Bitcoin and Ethereum. 70% of users hold Bitcoin, while 35% hold Ethereum.