May 29, 2024

52% of Americans consider cryptocurrencies an important asset class.

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Deutsche Bank survey of 3600 consumers in the US showed increased optimism about cryptocurrency and its future adoption. This was reported by Reuters.

According to the research, 52% of respondents stated that digital assets will become an “important class and method of monetary transfers” in the future. Previously, only 40% of those surveyed held this opinion.

People who consider cryptocurrencies as “just a fad that will eventually disappear” accounted for less than 1%.

Approximately 33% expect bitcoin to drop to $20,000 by the end of the year. This group is also decreasing – in January, the share of skeptics reached 36%.

However, only 10% of respondents are convinced that the price of the first cryptocurrency will exceed $75,000.

At the time of writing, bitcoin is trading at $69,300, down 1.5% in the last 24 hours.

Deutsche Bank: 52% of Americans consider cryptocurrencies an important asset classDeutsche Bank: 52% of Americans consider cryptocurrencies an important asset class
15-minute chart of BTC/USDT on Binance exchange. Data: TradingView.

In March, a Nickel Digital survey showed an increase in institutional investors’ interest in cryptocurrencies amid favorable industry development prospects. Over 74% of respondents intend to increase their positions in digital assets.

Recall that in September 2023, a ConsenSys study showed that 99% of Nigerians are aware of the existence of cryptocurrencies, surpassing the US with 95%. According to global data, 92% of people worldwide understand this market direction.

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