On September 9th, according to Cointelegraph, the Consumer Finance Institute (CFI) of the Philadelphia branch of the Federal Reserve released a report on September 6th showing that the cryptocurrency holding rate did not increase with the market recovery. The survey shows that from January to October 2022, the cryptocurrency holding rate fell from 24.6% to 19.1%. Although the market recovered in the following 18 months, the holding rate was only 15.4% in January 2024. Bitcoin also did not see significant growth during the March price peak and April halving. However, the researchers pointed out that this year's price increase appears to have led to an increase in purchasing intentions in the future. During the crypto winter of 2022, purchasing intentions fell from 18.8% to 10.6%, but as the market recovered, 21.8% of respondents said they were likely to buy cryptocurrencies by April 2024.