91% of crypto users plan to buy more over next 6 months: BofA survey
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Bank of America Global Research surveyed 1,013 U.S. crypto users and prospective users. 91% of respondents said they intend to buy digital assets in the next six months. The same number of respondents also reported purchasing coins and other digital assets over the past six months despite a sharp decline in prices. "I think the price will go up" was cited as the most popular reason for investing in cryptocurrencies, according to the survey. Bitcoin, the largest digital cryptocurrency, extended its slide Tuesday to dip below $22,000, its lowest price level since 2020. Meanwhile, Ethereum — the second-largest digital coin — fell beneath its 2018 peak price of $1,396 and was trading below $1,.200 Tuesday morning.Block's Cash App Source