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Survey: Crypto market downturn causes one-third of cryptocurrency traders to cut daily expenses
Gold Financial reports that on April 27th, a recent survey by CEX.IO shows that the recent downturn in the cryptocurrency market has forced over one-third of crypto traders to cut back on their daily expenses. The survey of 1,100 active U.S. CEX.IO users indicates that the current market slump is putting pressure on household finances, although not as severe as when Bitcoin’s price dropped about 75% from its peak in 2022. Currently, Bitcoin’s price remains about 40% below its October 2025 high, leading many retail investors to face unrealized losses. 36% of respondents said they have reduced their daily spending due to market conditions; of these, 10% said these cuts were significant sacrifices made to maintain their existing investment positions. Additionally, 37% of respondents reported delaying or canceling purchase plans due to crypto trading losses, including 21% who postponed major financial expenditures such as buying a home, a car, or renovations.