Bitcoin

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<ul class="news-points">
 <li>Deutsche Bank survey indicates divided sentiment on Bitcoin’s future.</li>
 <li>10% of respondents anticipate Bitcoin surpassing $75,000 by December.</li>
 <li>Experts from Deutsche Bank predict Bitcoin will maintain a sustained upward trend.</li>
</ul>
Deutsche Bank, a German multinational investment bank, surveyed consumers regarding Bitcoin’s future trajectory. The results show a divided sentiment, with about one-third of respondents anticipating the world’s first cryptocurrency to plummet below the $20,000 mark by the year’s end.&nbsp;
This projection suggests that Bitcoin will lose $50,000 from its current valuation. This price dip will see the coin reach levels observed during the crypto winter of 2022.
Of the over 3,600 individuals surveyed, only 10% predict Bitcoin will surpass $75,000 by December’s close. Meanwhile, 40% are confident in the cryptocurrency prospects. In contrast, 38% anticipated its eventual disappearance, anticipating Bitcoin to lose its total value and market relevance.
Meanwhile, less than 1% of respondents consider cryptocurrencies “just a fad that will eventually fade.” The survey’s findings reflect the ongoing debate surrounding Bitcoin’s viability and the v…
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Bitcoin Seen Below $20,000 in Consumer Survey by Deutsche Bank

Coin Edition

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