Deutsche Bank Survey: Retail Investor Views on Cryptocurrencies Become More Positive in Q1
PANews reported on April 10 that a recent survey by Deutsche Bank showed that retail investors’ views on cryptocurrencies became more positive in the first quarter. 40% of respondents believe Bitcoin will flourish in the coming years, while 38% expect the cryptocurrency to disappear. The survey also found that more than 50% of respondents expect another major cryptocurrency to collapse by 2026. Although the market is cautious about Bitcoin's short-term prospects, 78% of U.S. consumers view cryptocurrencies as commodities, 76% as alternative assets, 74% as a store of value, and 65% as a cash alternative.
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