A recent survey indicates that around 26 million voters in the United States identify as part of a “crypto voting bloc,” emphasizing the significance of pro-crypto policies when making electoral decisions. The study, which examined the opinions of 1,004 participants, revealed that 16% consider cryptocurrency issues to be “extremely” or “very” important in determining their votes. Respondents expressed a greater likelihood of supporting candidates who favor cryptocurrency regulation.
The survey, conducted by an advocacy group for digital currency, highlighted the bipartisan nature of the crypto voter base. Notably, 25% of Democrats and 21% of Republicans reported that a candidate’s stance on crypto would enhance their voting preferences. The findings suggest that this growing bloc could potentially influence critical races in the upcoming election, prompting calls for policymakers to recognize the implications of these preferences.
Among the demographic breakdown, two in five Black voters identified a candidate’s cryptocurrency policies as a vital factor in their voting decision, a figure that’s more than double the percentage of white voters. Additionally, the majority of both Republican and Democratic respondents expressed that supporting the crypto industry should be a priority for the next president and Congress. Specifically, one-third of Democrats and 25% of Republicans believe it should be a high or very high priority.
While the crypto issue appears significant for many voters, a recent Pew Research report found that 81% of voters prioritize economic policies above all else. Other major concerns include the healthcare system and Supreme Court nominations. However, there is a clear division between party supporters, with Republicans primarily focused on economic, immigration, and crime issues, while Democrats prioritize healthcare and judicial appointments. The 2024 U.S. elections are set to take place on November 5.
