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Cryptocurrency Research:

Less Than 25% of People Believe Cryptocurrencies Will Regain Their Former High Valuation, While 33% Believe They Are a Scam

With cryptocurrencies suffering further plunges in valuation, after peaking late last year, 2022 is proving to be a year from hell for those that invested in the likes of Bitcoin and Ether. In November last year, Bitcoin had surged to an all-time high of $68,789, only to fall to below $20,000 in June of this year. It then saw an increase in value in July, reaching $24,000 only to fall once again to below $20,000 in August. 
 
The sharp fall in value so far this year has been linked to interest rate hikes and ultra-high inflation, which have prompted investors to ditch riskier assets. 
 
The road ahead for Bitcoin remains uncertain, with most consumers finding cryptocurrencies difficult to understand, according to the latest research by Getwizer, in association with Variety VIP+. Download a snapshot of Getwizer’s research examining consumer’s perceptions of cryptocurrencies.

Download the Highlights

Learn more about the highlights drawn from the research:

Report

Cryptocurrency Research:

Less Than 25% of People Believe Cryptocurrencies Will Regain Their Former High Valuation, While 33% Believe They Are a Scam

With cryptocurrencies suffering further plunges in valuation, after peaking late last year, 2022 is proving to be a year from hell for those that invested in the likes of Bitcoin and Ether. In November last year, Bitcoin had surged to an all-time high of $68,789, only to fall to below $20,000 in June of this year. It then saw an increase in value in July, reaching $24,000 only to fall once again to below $20,000 in August. 
 
The sharp fall in value so far this year has been linked to interest rate hikes and ultra-high inflation, which have prompted investors to ditch riskier assets. 
 
The road ahead for Bitcoin remains uncertain, with most consumers finding cryptocurrencies difficult to understand, according to the latest research by Getwizer, in association with Variety VIP+. Download a snapshot of Getwizer’s research examining consumer’s perceptions of cryptocurrencies.

Download the Highlights

Learn more about the highlights drawn from the research:

Report

Cryptocurrency Research:

Less Than 25% of People Believe Cryptocurrencies Will Regain Their Former High Valuation, While 33% Believe They Are a Scam

With cryptocurrencies suffering further plunges in valuation, after peaking late last year, 2022 is proving to be a year from hell for those that invested in the likes of Bitcoin and Ether. In November last year, Bitcoin had surged to an all-time high of $68,789, only to fall to below $20,000 in June of this year. It then saw an increase in value in July, reaching $24,000 only to fall once again to below $20,000 in August. 
 
The sharp fall in value so far this year has been linked to interest rate hikes and ultra-high inflation, which have prompted investors to ditch riskier assets. 
 
The road ahead for Bitcoin remains uncertain, with most consumers finding cryptocurrencies difficult to understand, according to the latest research by Getwizer, in association with Variety VIP+. Download a snapshot of Getwizer’s research examining consumer’s perceptions of cryptocurrencies.

Download the Highlights

Learn more about the highlights drawn from the research:

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