Skip to main content

Crypto May Be Loud Online, But Only 4% Of Voters Care: Poll

A separate poll released Friday by HarrisX found that 47% of registered voters said they would consider crossing party lines to support a candidate who backed crypto regulation legislation — a figure that stands in sharp contrast to new data showing crypto barely moves the needle for most Americans when they head to the polls.

The Lobbying Machine Behind The Legislation

The Politico survey, conducted by polling firm Public First and covering 2,035 US adults, found that only 4% of respondents would factor a candidate’s position on crypto into their voting decision.

Affordable housing topped the list of issues voters want Congress to address, followed by consumer fraud protection and lower bank fees. Crypto regulation came in last.

That gap between voter priorities and industry muscle is hard to ignore. Crypto lobbies spent more than $130 million during the 2024 elections — more than any other industry — and have already committed $320 million to shape the upcoming November midterms, according to data compiled by researcher Molly White.

In Illinois alone, crypto-aligned PACs have spent over $5.5 million opposing specific congressional candidates this year.

Republican Representative Dusty Johnson acknowledged the disconnect. Most voters don’t think about digital assets, he told Politico, but those who do feel strongly about it. He described it as a high-intensity issue that is slowly growing in public awareness, even if the numbers remain small.

A Public Still Divided On Digital Assets

The survey also captured a broader wariness toward crypto among ordinary Americans. Only 27% said they support or strongly support the US government taking steps to make crypto a mainstream financial asset.

A slightly larger share — 31% — said they oppose or strongly oppose such a move. More than half of respondents said they had never traded crypto and had no plans to do so.

Among the 19% who had actually traded crypto, 7% said a candidate’s stance on the issue would influence their vote. The poll also found that 45% of respondents considered crypto investing a risk not worth taking, even with the promise of high returns. Only 25% disagreed.

Senate Moving On Crypto Regulation This Week

Meanwhile, Congress is pushing ahead. The Senate Banking Committee is set to vote on whether to advance a long-awaited bill that would establish a regulatory framework for the crypto industry.

A version of the bill — known as the Clarity Act — already cleared the House in June. Reports indicate the White House has been involved in negotiations between crypto interests and banking lobbies to shape the final version.

Featured image from Unsplash, chart from TradingView



from Bitcoinist.com https://ift.tt/SM7LrPy
Labels:

Comments

Post a Comment

Popular posts from this blog

Bitcoin Goes Official: Texas Becomes 1st US State With BTC Reserve

Everything is big in Texas, many would say. Today, the state is looking past its current state of finances by adding Bitcoin to its coffers–and making things bigger in terms of its economic implications. Texas became the first US state to establish a crypto reserve . On March 7, 2025, legislators passed Senate Bill 21, which gives the green light to the state to direct public funds toward Bitcoin and other digital assets. The action has elicited both support and concern, with some viewing it as a prudent financial hedge and others warning of potential pitfalls. A Push For Bitcoin In The Lone Star State For months, Texas has been seeing increasing favor for the idea of a Bitcoin reserve. Senator Charles Schwertner introduced SB 778, a measure that proposes establishing a strategic stockpile. Including the top crypto asset into the state’s financial reserves was meant to help cushion inflation and economic uncertainty. Texas officials, especially Lieutenant Governor Dan Patrick, wh...
Post a Comment
Read more

Liczba milionerów kryptowalutowych wzrosła o 40%. Rynek przekracza 3,3 biliona dolarów

Rozwój rynku kryptowalut widać również bo liczbie osób, których portfel kryptowalutowy przekroczył milion dolarów. Według najnowszego raportu Henley & Partners, liczba inwestorów posiadających majątek przekraczający milion dolarów w cyfrowych aktywach wzrosła o 40% w ciągu ostatniego roku. Aktualnie na świecie jest już 241 700 milionerów, jeśli chodzi o waluty cyfrowe. Wzrost ten zbiegł się z historycznym momentem, gdyż w połowie 2025 roku kapitalizacja całego rynku kryptowalut przekroczyła 3,3 biliona dolarów . Bitcoin wciąż liderem wzrostów Największy udział w tworzeniu nowych fortun ma niezmiennie Bitcoin. Liczba posiadaczy portfeli BTC, których wartość przekracza milion dolarów, wzrosła aż o 70% rok do roku i wynosi dziś 145 100 . Jeszcze bardziej imponująco wygląda grupa tzw. Centymilionerów, czyli inwestorów posiadających ponad 100 milionów dolarów w Bitcoinie. Ich liczba wzrosła o 63% , osiągając poziom 254 osób. Co więcej, liczba miliarderów BTC podskoczyła do 17, notu...
Post a Comment
Read more

Slow And Steady Wins? Bitcoin To Hit $1M Via ‘Pump’ And ‘Consolidate’ Pattern: Expert

The bull cycle was deemed over when the price of Bitcoin tragically fell toward $75,000 earlier in March 2025. Having notched an all-time high of above $100,000, most investors feared that the premier cryptocurrency had already reached its top for the current cycle. Contrary to popular belief, the price of Bitcoin has since forged multiple new all-time highs, with the current record high at around $122,800. Interestingly, the now-popular market consensus is that it is only a matter of time before the BTC price reaches a seven-figure valuation. How Will Bitcoin Hit $1 Million In 10 Years? In a recent post on the X platform, Blockware Bitcoin analyst Mitchell Askew has joined a growing list of experts to put forward a $1 million projection for the premier cryptocurrency. According to the analyst, the price of BTC is expected to achieve this major milestone over the next 10 years. What’s interesting is that Askew expects the Bitcoin price to reach a $1 million valuation in the next ...
Post a Comment
Read more