Significant Increase in Interest for Cryptocurrencies among US Consumers
Publication Time:2024-09-12 19:09:07
In its latest report, Deutsche Bank revealed that interest in cryptocurrencies among US consumers is steadily growing. In a recent survey, less than 1% of respondents believed that cryptocurrencies would only be a temporary trend, a significant decrease compared to previous years. The survey found that over half of the respondents consider cryptocurrencies an important asset class, and 65% believe they have the potential to replace cash as the primary payment method. The survey covered more than 3,600 consumers across the US, UK, and Europe from March to July. Report authors Marion Laboure and Sai Ravindran predict that the democratization of cryptocurrencies will accelerate further in the next 2-3 years, driven by factors such as exchange-traded funds (ETFs), Federal Reserve policies, and regulation.
Deutsche Bank
US consumers
Cryptocurrencies
interest increase