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  1. Investing
  2. Cryptocurrency

Is Crypto Safe? Here’s What Most Americans Think as Prices Surge Again

By: Brenden Rearick
Brenden Rearick
Reporter | Joined March 2023
Brenden Rearick is a news reporter for Money who has covered investing and many other personal finance topics for almost four years. He has been a news reporter for Money since March of 2023.
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Editor: Brad Tuttle
Brad Tuttle, expert in Personal finance, shopping, consumer trends, and Senior Editor at Money
Brad Tuttle
Senior Editor | Joined January 2014
Brad Tuttle is a senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals.
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Published: Apr 14, 2023 3 min read

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Bitcoins falling from the sky with person investing in the front
Eddie Lee / Money; Getty Images

The crypto industry has a lot to prove if it wants to earn investors' trust.

Among Americans who are aware of cryptocurrency, 75% have little or no faith in its reliability and safety, a new report from Pew Research says.

Only 6% of those who are familiar with crypto said it's "very" or "extremely" reliable and safe. Another 18% in the poll described cryptocurrency as "somewhat" reliable and safe.