A 20% Study Respondent Forecasts Bitcoin to Reach $100,000 in Two Years
Publication Time:2024-07-30 20:46:06
The recent study published by the digital asset hedge fund management company, Nickel Digital Asset Management, shows that approximately 20% of the respondents surveyed by them across major countries including the US, UK, Germany, Switzerland, Singapore, Brazil, and the UAE, predict that Bitcoin will touch a price level of $100,000 within the next two years. This survey, which covered an aggregate total of around $1.7 trillion in assets under management, also revealed a trend where respondents' confidence in leading cryptocurrencies like Bitcoin and Ethereum is driving them to invest more in alternative coins and other digital assets. Almost all the respondents (98%) believe that with a deeper understanding of digital assets, there will be more investment in this field in the future, compared to just 83% in January.
digital assets
Cryptocurrency
investor expectations
alternative coins