Younger People More Likely To Invest In Cryptocurrencies

A fifth of consumers don't closely monitor the performance of their investments.

Younger people are more likely to invest in cryptocurrencies.

16% of 18-34 year olds hold cryptocurrencies compared to only 3% of over 55s.

A new Banking and Payments Federation survey also shows a fifth of consumers don't closely monitor the performance of their investments.

Its CEO Brian Hayes says younger people favour more modern approaches to investing their money.

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