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Coinbase reveals the emerging influence of crypto voters, poised to impact the 2024 U.S. presidential election significantly. With one in six crypto owners residing in seven key battleground states, their diverse, youthful demographic shows an eagerness to vote. Surveys indicate that 65% of crypto-owning registered voters are Gen Z and Millennials, and 40% live in swing states, underscoring their potential to sway crucial races.
These voters, characterized by a bipartisan stance, are 35% Democrats, 34% Republicans, and 31% open to persuasion. Their enthusiasm for pro-crypto candidates is clear, as they are four times more likely to support leaders favorable to cryptocurrency. This bipartisan group could be a decisive force in the election, with nine out of 10 crypto voters likely to cast their ballots.
The interest in crypto isn’t just limited to voters; presidential candidates are also tuning in. Former President Donald Trump and Democratic nominee Robert F. Kennedy Jr. have acknowledged the significance of the crypto community. With major nonpartisan groups like Stand With Crypto and Bitcoin Voter Project mobilizing support, the crypto vote is set to be a game changer this November.
