Retail investors expressed varied opinions on the future of cryptocurrencies, with 40% optimistic about bitcoin thriving and 38% foreseeing its disappearance.
More than 50% of respondents in the survey predicted the collapse of another major cryptocurrency by 2026.
Consumer sentiment towards cryptocurrencies improved in Q1 2024, with only 10% believing that bitcoin would surpass $75,000 by the year's end.
The survey highlighted U.S. consumers' views on cryptocurrencies, with 78% seeing them as commodities, 76% as alternative assets, and 65% considering them as a replacement for cash.
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