A recent Deutsche Bank survey has indicated a positive shift in consumer confidence towards cryptocurrencies, particularly Bitcoin.

This emerging optimism comes despite enduring apprehensions about the asset's price volatility.

The survey's findings suggest a decrease in skepticism towards Bitcoin (CRYPTO:BTC), although a significant portion of the participants—less than one-third—anticipate a sharp decline in its price by the end of 2024.

Conducted across a sample size of more than 3,600 consumers, the survey underscores a growing belief in the future relevance of cryptocurrencies, with 52% of respondents asserting that digital currencies will become a crucial asset class and a mode for payment transactions.

This represents a considerable increase from a similar survey conducted in September 2023, where confidence levels were below 40%, signaling a shifting perspective on the role and stability of cryptocurrencies in the broader financial ecosystem.