New survey shows crypto losses are hitting home budgets, with many delaying major purchases like homes and cars.
Image source: CoinTelegraph
One-third of crypto traders are tightening their belts as digital currency prices remain far below their peaks, according to a new survey of 1,100 American traders.
The survey found that 36% of crypto traders have cut their everyday spending because of losses in the crypto market (the marketplace where digital currencies like Bitcoin are bought and sold). Even more concerning, 10% said they've made "significant sacrifices" to keep their crypto investments.
Here's what traders are doing to cope with losses: • 37% delayed or cancelled purchases due to crypto losses • 21% postponed major life decisions like buying a home or car • 25% dipped into their savings to stay afloat • 12% missed or delayed bill payments
The current situation, while painful, isn't as severe as 2022's crash when Bitcoin (the world's largest cryptocurrency) lost 75% of its value. Today, Bitcoin is still 40% below its October 2025 high, leaving many investors with paper losses (losses that exist on screen but aren't realized until you sell).
Despite the hardship, 79% of traders plan to hold or buy more crypto in the next six months, showing they still believe in a recovery. Most traders (95%) are also keeping their crypto struggles private, with very few sharing the full extent of their holdings with family or friends.
The survey reveals how crypto volatility (rapid price swings) is affecting real household budgets, forcing difficult choices between maintaining investments and meeting daily expenses.
This is an AI-generated summary. Read the original article at: https://cointelegraph.com/news/market-conditions-force-1-in-3-crypto-traders-to-cut-everyday-spending-survey?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound