May 29, 2024

52% of Americans consider cryptocurrencies an important asset class.


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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