One notable finding in a recent report indicates a decrease in the belief that cryptocurrencies are a temporary trend. Specifically, less than 1% of respondents now consider cryptocurrencies as a passing trend, signaling an increasing acceptance of crypto as a lasting financial asset. However, the report also reveals that only 10% of respondents anticipate Bitcoin to exceed $75,000 by the year’s end. Additionally, the report notes the historical trend of Bitcoin experiencing price declines within the first 90 days following halving events.
30% of Deutsche Bank clients anticipate Bitcoin to fall below $20k.
