A Deutsche Bank survey revealed that U.S. consumers are becoming more positive about cryptocurrency, with fewer than 1% now calling it a "fad." Over half of respondents view crypto as an important asset class and payment method, and 65% believe it could eventually replace cash.
However, sentiment on Bitcoin is mixed, with a third of consumers expecting its price to stay below $60,000 by year-end and only 12%-14% predicting it will surpass $70,000.
Meanwhile, stablecoins face uncertainty, with just 18% expecting them to thrive and 42% anticipating their decline.
Concerns about a cryptocurrency collapse in the next two years were raised by more than half of those surveyed.