Even with market volatility, some younger Americans appear open to unwrapping Bitcoin or Ethereum gifts this holiday season.PHOTO: AFP

Crypto for Christmas? Gen Zers are cautiously open to the idea

25 Dec 2025, 02:28 · The Straits Times

Mr Wyatt Johnson still remembers refreshing his Coinbase app during the hype of the cryptocurrency frenzy in 2021. He and his friends were convinced they were witnessing history, so Mr Johnson decided to invest about US$5,000 (S$6,420).

But instead of making money, his portfolio in Solana, a cryptocurrency, lost half its value within months.