No products in the cart.
- Latest
- Trending
ADVERTISEMENT
Following on from our article on the prevalence of cryptocurrencies within the UK, this article explores a bit more about which cities in the UK hold the most cryptocurrencies, and what the differences are across the country. Dig deep.
Overall, one in three people in the UK owns cryptocurrency, according to a VoucherCodes survey.
The average amount spent on cryptocurrencies is 473. This isn’t a life-changing amount of money, but for some people, the expense is significantly higher.
5% of Britons spend more than 2,000 on cryptocurrencies. Clearly, the market has been ugly this year. His recent demise of FTX is just the latest hammer blow for an industry that has been struggling all year.
This means most of these UK investors are likely to be in the red, with crypto prices plummeting since Bitcoin hit an all-time high near $69,000 in November 2021. doing.
London leads the way with an average spend of 777.
It is no surprise that London, the UK financial hub, if not the hub of Europe, tops the rankings.
Spending 777 is well above the average 473. Perhaps more notably he is second in Belfast, a Northern Irish city with an average spending of 699, not far from London.
Completing the top three is the city of Cardiff, Wales, earning an average of 572 in cryptocurrency.
Newcastle has the lowest spending on cryptocurrencyAt the other end of the scale is Newcastle, with an average investment of 230, the lowest in the survey.
Northern cities (according to this totally unbiased journalist with the world’s greatest football team) spend more than 50% less than the UK average and almost 70% less than Londoners.
Given the price history, it looks like Jordy’s made the right decision. Other cities with below average spending are Liverpool, Brighton, Leicester and Sheffield.
sauce
