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polkadot
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tron
TRON (TRX) $ 0.066647
bitcoin
Bitcoin (BTC) $ 22,908.14
ethereum
Ethereum (ETH) $ 1,645.90
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 325.82
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.397284
binance-usd
Binance USD (BUSD) $ 0.999587
dogecoin
Dogecoin (DOGE) $ 0.089665
cardano
Cardano (ADA) $ 0.390489
solana
Solana (SOL) $ 22.95
matic-network
Polygon (MATIC) $ 1.28
polkadot
Polkadot (DOT) $ 6.74
tron
TRON (TRX) $ 0.066647
Thursday, February 9, 2023
HomeCryptocurrencyMost People Flip Extraordinarily Bearish on Bitcoin

Most People Flip Extraordinarily Bearish on Bitcoin

In response to a current survey revealed by Morning Seek the advice of, U.S. adults imagine that the value of Bitcoin, the world’s largest cryptocurrency, is ready to drop to $11,500 inside the subsequent six months.  

Picture by morningconsult.com

The survey reveals that the typical American is popping extra bearish on Bitcoin amid the collapse of the FTX trade. In October, U.S. adults predicted that the value of the main cryptocurrency would be capable to stay above the $15,000 stage.  

On the subject of these survey contributors who personal cryptocurrencies, they’re predictably extra optimistic. Crypto holders are satisfied that Bitcoin shall be buying and selling on the $17,500 stage in six months. 

The worth of Bitcoin is down 76.00% from its all-time excessive of $69,044 which was achieved a number of years in the past. 

Even if some analysts are saying that crypto is now useless following the implosion of the FTX empire, a much bigger share of the survey respondents is satisfied that crypto will nonetheless be round in ten years from now. 

Twenty-one p.c of U.S. adults nonetheless intend to buy cryptocurrencies in December regardless of the continued crypto winter. There was solely a minor drop in buy consideration in comparison with October. 

These survey contributors who personal crypto are likely to view digital currencies as long-term investments. 

Forty-two p.c of U.S adults suppose that cryptocurrencies needs to be subjected to the identical regulatory scrutiny as conventional finance or face even harsher guidelines. 

BitcoinMasterNews

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