市場波動如何影響消費者對加密貨幣的興趣？

費城聯邦儲備銀行消費者金融研究所 (CFI) 週五發布了一份報告，由高級顧問兼研究員 Tom Akana 撰寫

A recent study by the Consumer Finance Institute (CFI) of the Federal Reserve Bank of Philadelphia has found that cryptocurrency ownership decreased during periods of market decline, despite rising Bitcoin prices.

費城聯邦儲備銀行消費者金融研究所（CFI）最近的一項研究發現，儘管比特幣價格上漲，但在市場下跌期間，加密貨幣的擁有量卻有所下降。

The study, titled “Do Price Changes Affect Crypto Ownership?,” was published on Friday and is authored by Senior Advisor and Research Fellow Tom Akana. It examines how changes in cryptocurrency prices impact consumer ownership patterns and behavior.

這項名為「價格變化會影響加密貨幣所有權嗎？」的研究於週五發表，由高級顧問兼研究員 Tom Akana 撰寫。它研究了加密貨幣價格的變化如何影響消費者的所有權模式和行為。

The CFI collected data on cryptocurrency ownership from six separate surveys conducted since January 2022. All six surveys included questions about current crypto ownership, while three also asked about future purchasing intentions.

CFI 從 2022 年 1 月以來進行的六項獨立調查中收集了有關加密貨幣所有權的數據。

The data was collected as part of the CFI's Labor, Income, Finances, and Expectations (LIFE) Survey, which analyzes various economic behaviors. The report highlights the following key findings:

這些數據是作為 CFI 勞動力、收入、財務和預期 (LIFE) 調查的一部分收集的，該調查分析了各種經濟行為。該報告強調了以下主要發現：

CFI survey data collected in 2022 showed a change in cryptocurrency ownership in response to the crypto winter; reported ownership as well as interest in purchasing crypto both decreased as market value decreased.

CFI 2022 年收集的調查數據顯示，為因應加密貨幣寒冬，加密貨幣所有權發生了變化；報告的所有權以及購買加密貨幣的興趣都隨著市場價值的下降而下降。

Bitcoin Price Surge vs. Flat Ownership Trends: Need for Further Analysis

比特幣價格飆升與所有權趨勢：需要進一步分析

The report also notes that, while Bitcoin prices have surged significantly since October 2023, ownership rates have not seen a corresponding increase.

報告也指出，雖然自 2023 年 10 月以來比特幣價格大幅上漲，但比特幣擁有率卻沒有隨之增加。

To investigate how fluctuations in cryptocurrency market conditions influence ownership rates and future buying intentions, the report uses Bitcoin (BTC) as a benchmark for the broader crypto market. Figure 1 in the report charts Bitcoin's daily closing prices from July 1, 2021, to July 9, 2024, with columns illustrating ownership rates from various surveys included in the analysis.

為了調查加密貨幣市場狀況的波動如何影響所有權率和未來的購買意向，該報告使用比特幣（BTC）作為更廣泛的加密貨幣市場的基準。報告中的圖 1 繪製了 2021 年 7 月 1 日至 2024 年 7 月 9 日期間比特幣的每日收盤價，其中的專欄顯示了分析中包含的各種調查的擁有率。

The data from January 2022 and October 2022 reveals notable trends, particularly during the crypto winter when Bitcoin, along with other cryptocurrencies, experienced significant price drops.

2022 年 1 月和 2022 年 10 月的數據揭示了顯著的趨勢，特別是在加密貨幣冬季，比特幣和其他加密貨幣的價格都經歷了大幅下跌。

“Since the LIFE Survey began recording cryptocurrency ownership in October 2023, Bitcoin's price (our market indicator) has risen sharply,” explains Akana. “Despite this, ownership levels have actually declined slightly across four survey periods, even though the market’s performance seems to be sparking greater interest in future crypto purchases.”

「自 LIFE 調查於 2023 年 10 月開始記錄加密貨幣所有權以來，比特幣的價格（我們的市場指標）急劇上漲，」Akana 解釋道。 “儘管如此，在四個調查期間，所有權水平實際上略有下降，儘管市場表現似乎激發了人們對未來加密貨幣購買的更大興趣。”

The report concludes by suggesting that further research is needed to explore “consumer patterns of market entry and exit to better understand these trends.”

該報告最後建議，需要進一步研究來探索「消費者進入和退出市場的模式，以便更好地了解這些趨勢」。