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Australians are investing in cryptocurrency like Bitcoin due to FOMO and its increasing value – NEWS.com.au
Australians are investing in cryptocurrency like Bitcoin due to FOMO and its increasing value
Cryptocurrency is risky business, according to regulators, but this isnt stopping one in four Aussies investing in the digital money.That’s around five million Aussies with a financial interest in cryptocurrency, according to research from comparison website Finder.
It found 13 per cent of Australians now trade Bitcoin, while 6 per cent hold Ethereum assets, which is the second largest cryptocurrency.
Bitcoin has been swinging to record breaking highs, cracking the $50,000 mark last month, as hungry…
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