đ Deutsche Bank Survey: US Consumers Grow More Optimistic About Crypto in 2024! đ„
The crypto world is seeing a shift in attitudes! According to a survey by Deutsche Bank, less than 1% of US consumers think cryptocurrencies are just a "flash in the pan." đ
đ Key Findings:
Over 50% believe crypto is a crucial asset class & payment method, with 65% seeing it as a potential cash replacement! đž
Despite optimism, the outlook for Bitcoin remains cautious: only 40% think it will thrive, and just 12%-14% expect BTC to surpass $70K this year. đ
Stablecoins? Only 18% believe theyâll prosper, while 42% predict a decline. âïž
Concern lingers: 50% fear crypto could collapse in the next 2 years. đŹ
As ETFs, regulations, and Fed policies shape the future, is crypto poised for a comeback, or will it face more challenges ahead? đ Stay tuned!