Wed, 15 Apregulation

Only 4% of Danish citizens hold crypto, far below other European countries

Burns Brief

Only 4% of Danish citizens own crypto, far below other European countries, as banks, taxes and risk fears limit adoption, according to a new staff paper from the country's central bank The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.

Only 4% of Danish citizens own crypto, far below other European countries, as banks, taxes and risk fears limit adoption, according to a new staff paper from the country's central bank.

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