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Survey shows: Over 30% of American crypto traders have cut daily expenses due to market downturn
CryptoWorld News reports that, according to a new survey by CEX.IO, over one-third of American crypto traders have cut their daily expenses due to current market conditions. The survey polled 1,100 active U.S. users, finding that 36% of respondents have reduced their daily spending because of the downturn in the crypto market, with an additional 10% indicating these cuts involved significant sacrifices to maintain their crypto positions. The survey also revealed that 37% of respondents have delayed or canceled purchases due to crypto-related losses, with 21% postponing major financial plans such as buying a home, purchasing a car, or starting renovations. Bitcoin is currently about 40% below its October 2025 peak. Although the current decline is less severe than the bear market of 2022, many retail traders still face unrealized losses. The survey also showed that many crypto traders choose to bear losses alone, with only 5% indicating someone knows the full value and scale of their crypto assets. Despite the pressure, most traders have not changed their long-term crypto plans, with 73% of respondents saying their income strategies remain unchanged. Looking ahead, 79% of respondents plan to hold or increase their crypto positions over the next six months.