UK ETH ownership ranks third as crypto adoption grows 1% in December: survey

In the last breaths of 2021, crypto enthusiasts in the UK are busy consolidating and rebalancing. Finder.com under investigation There were 2,013 internet users in the UK in December 2021, with varying results.

Since the last survey in October 2021, cryptocurrency ownership in the UK has climbed 1 percentage point from 5.2% to 6.1%, while Ethereum (Ethereum) continued to dominate.

In third place behind Singapore and Australia, the UK has a combined Ether ownership of 32.9% among cryptocurrency holders, Ripple The third most widely held cryptocurrency at 17.4%.

Curiously, interest from the 27 countries surveyed by Finder.com showed that the global average adoption rate of ethereum fell from 28.2% in October to 24.4% in December. UK ETH holders are holding their ground while global ETH ownership declines.

Guess the UK’s most popular cryptocurrency with no prizes. Bitcoin (Bitcoin) with 42.8%, but also showed weakness.While the 42.8% figure almost reflects Bitcoin Dominance Rate, it has plummeted from a high of 56.7%.

The Entire Cryptocurrency Market Slumped In December While Analysts’ Predictions Failed $100,000 worth of BTC in 2021. Overriding Cryptocurrency sentiment has been bearish Since BTC was first evil to $42,000 in early December.

The macro bearish trend appears to be reflected in cryptocurrency behavior in the UK. Some sell-offs and portfolio rebalancing occurred on New Year’s Eve; Bitcoin ownership drops, Solana (Sol) climbed to 15% ownership and Dogecoin (Governor) increased by 1%.

Oddly enough, Bitcoin ownership has slumped across the globe. From October to December, only one country saw an increase in the percentage of Bitcoin ownership, as Australia’s BTC dominance grew to 72.7%. It is also the country with the highest percentage of cryptocurrency owners in the world holding Bitcoin.

related: Bitcoin payments fall as other cryptocurrencies grow

Compliant with Cointelegraph Report last October, emerging markets continue to show the strongest indicators of cryptocurrency adoption. In December, Russia, Colombia, the Philippines and India were among the top five countries for cryptocurrency ownership growth. Detailed statistics and insights are expected later this month.

However, the U.K. has lagged behind in terms of crypto growth, up just 1%. While it remains positive, the global average growth rate for cryptocurrency ownership increased by 4.3%, putting the UK in the bottom five of the countries surveyed.