Crypto

Consumers Are More Positive About Crypto in 2024 With Under 1% Saying It’s a ‘Fad:’ Deutsche Bank Survey

A recent survey revealed interesting insights into consumer sentiment regarding the price of Bitcoin. According to the survey, a third of consumers believed that the BTC price would be below $60,000 by the end of the year, while only 12%-14% thought it would surpass $70,000. At the time of publication, Bitcoin was trading around $58,200.

Looking ahead, opinions were divided on the long-term prospects of BTC. 40% of respondents expressed optimism, believing that Bitcoin would thrive in the coming years. In contrast, 38% of participants anticipated that Bitcoin would eventually fade away.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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