CryptoVantage Survey Finds 70% of Americans Believe Bitcoin Will Return to All-Time Highs in Five Years

← Go back Jul 07, 2023

, /PRNewswire/ A recent reveals that the majority of Americans are optimistic about the future of , with 70% believing that it will return to its all-time high in the next five years. The survey, which exclusively targeted US residents who have bought within the last five years, provides valuable insights into public sentiment and expectations for the future prices in the market. 23% of respondents expect to return to all-time highs within the next year, however a greater majority of 47% believe this will happen within the next five. On the flip side, 9% of respondents believe it will never achieve this high again. When asked if another coin had the potential to surpass , 46% selected ( ) as a top contender. The next spot went to ( ) at 21%. Some responses were mixed, however, with 16% saying no altcoins would achieve this feat in the future. The survey from CryptoVantage also asked respondents what they felt were the major factors that might impact the price of . Top responses were: Recent events such as the SEC suing and only led to 20% of respondents thinking this might have a negative impact on 's future value, alongside 18% for the FTX collapse and nearly another 18% for lack of mainstream adoption. Data collected via an online Pollfish survey of 1,000 American residents (16+) who had purchased in the last five years. Conducted between . Estimated margin of error: +/- 3%. provides comprehensive resources for anyone looking to learn about without complexity, including best exchanges, wallets, fintech tools and more. SOURCE CryptoVantage

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