Bitcoin’s Bullish Quarter Eases Retail Skepticism: Deutsche Bank

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Will Canny is CoinDesk's finance reporter.

40% of those surveyed say they believe bitcoin will thrive in the coming years; 38% said they expect it to disappear.Retail investors became more positive about cryptocurrencies during the first quarter, according to a March survey by German lender Deutsche Bank .

The data is hardly surprising given the strong rally in crypto markets in that period that was fueled by the January Just under one-third of those surveyed said they expected the bitcoin price to tumble below $20,000 by the end of 2024 and over 50% of respondents said they were worried about another major cryptocurrency collapsing in the next two years.

 

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