Majority of U.S. crypto investors back Democrats: report

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According to a recent poll by venture capital giant Andreessen Horowitz, the majority of U.S. crypto investors who are registered voters support Democrats.

Among the crypto owner group, 61% said they voted for President Joe Biden, the Democratic nominee in the 2020 election. Only 32% said they voted for former President Donald Trump, the Republican nominee. The report suggests that crypto owners are a growing constituency within the Democratic Party, with 26% of self-identified Democrats claiming to own crypto. Meanwhile, 80% of those polled said they would be more likely to vote for a candidate who supports the expansion of Web3. The poll found that 64% of those polled said they agreed with the statement “digital assets are the future of finance”. Andreessen Horowitz commissioned the survey from data intelligence firm Morning Consult. The poll of 2,191 registered voters in the United States was conducted online from December 1-3. Some of the most popular cryptocurrencies are Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Bitcoin is trading at $ 47,191.42, while Ethereum is priced at $ 3,911.08 at time of publication.

Related Link: 83% of Millennials Millionaires Own Crypto: Survey

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