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(Kitco News) - The crypto winter has taken its toll on cryptocurrency investors in Canada, as the latest data from Finder.com shows that only 10% of Canadian adults currently own any crypto, down from 13% in 2021.
While these numbers can be disheartening, it’s not all that surprising to see such an outcome based on the performance of the crypto market since Bitcoin topped out near $69,000 back in November 2021.
Canada also happens to be one of the few countries to have a Bitcoin Spot ETF listed on its major stock exchanges. These products were quite popular when they were first launched in the middle of 2021, but interest has waned in recent months alongside the decline in crypto prices.
Some are even surprised that the level of adoption has remained as high as it has when taking the price pullbacks...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...