Summary
A new survey from Visa shows that 45% of Gen Z would like to receive cryptocurrency as a holiday gift. Despite recent drops in cryptocurrency values, interest in digital currencies remains strong, particularly among younger Americans. The survey also highlights a growing use of AI in shopping.
Key Facts
- Visa's survey found that 45% of Gen Z wants cryptocurrency as a gift this holiday season.
- Only 28% of all surveyed adults share this interest in receiving cryptocurrency.
- The crypto market recently experienced a significant drop, affecting currencies like Bitcoin, Ethereum, and XRP.
- Gen Z is also leading in using cryptocurrencies for shopping, with 44% planning to do so during the holidays.
- Nearly half (47%) of surveyed adults have used AI for shopping, mainly to get gift ideas.
- AI-driven traffic to retail sites increased sharply during Black Friday and Cyber Monday, contributing to record online spending.
- Bitcoin has shown a small recovery, rising over 10% from its lowest point in November.
