Survey: More Predict Bitcoin's Demise Than Its Survival Amid Cryptocurrency Doubts
- Over 1/3 of survey respondents believe bitcoin will fall below $20K by end of year
- More people expect bitcoin to disappear rather than continue existing long-term
- Concerns that a major cryptocurrency could collapse in the next 2 years
- Poor sentiment likely due to past crypto collapses like FTX and terraUSD
- 2/3 of consumers have little or no understanding of cryptocurrencies