Bear Market, Luna Crash, FTX Meltdown: How it Impacted Crypto's Public Perception (Survey)

A recent study conducted by CNBC estimated that only 8% of American participants currently have a favorable view of cryptocurrencies.

Those who supported the asset class in March 2022 were 19%. The market has been through a lot since then – the prices plummeted, the Terra ecosystem crashed, and FTX filed for bankruptcy.they have a negative view of digital currencies, while this figure was 25% nine months ago. The proponents of the asset class have shrunk to 8%, down from 19%, and 18% feel neutral.

Despite the results, 24% of the respondents admitted having invested, traded, or used crypto in the past . 17% of those who have allocated some of their wealth in bitcoin or altcoins have a “very negative” stance, while 47% of the non-investors showed such an attitude.The increased criticism could be a result of the numerous adverse events that the world of crypto endured throughout the ongoing year, with Terra’s collapse and the crash of

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investors chase Web3 as blockchain industry builds despite bear marketWeb3 could look very different after the bear market and investors are looking to capitalize early. CointelegraphCS takes a deep dive into Q3 for VC, which saw attention shift from buzz to building. CS Web3 is the future of communication, with zero need for central authority CS Web3 must remain 1 thing no matter the market : secure and safe! Do you agree? CS Verus is the way! Web3
Source: Cointelegraph - 🏆 562. / 51 Read more »

Data shows the Bitcoin mining bear market has a ways to goBitcoin miner profitability is a precursor to bear and bull market cycles. The current bear trend could be extended due to debt taken on by public mining companies. There will be a door open to them sooner than later willvfarrington tell them Coredao_Org We will probably see capitulation soon. Be prepared, guys. what happens if no more miner
Source: Cointelegraph - 🏆 562. / 51 Read more »