New Dawn for Crypto: Surge in Investment Confidence Across Germany, Austria, and Switzerland
Recently, KPMG in collaboration with BTC-ECHO conducted a study and surveyed about 2,400 private crypto investors in Germany, Austria, and Switzerland. The results indicate a significant surge in interest in cryptocurrencies. Approximately 54% of respondents allocated more than 20% of their total assets to cryptocurrency investments. This suggests that investors in Germany are regaining optimism and faith in cryptocurrencies after a market downturn last year. Investor activity increased after Bitcoin reached its record high of $72,000.
“Our study shows that digital assets are becoming increasingly important. Although last year demonstrated volatility in sector sentiments, investors are currently looking towards the future with optimism,” noted Bernd Oppold, a partner at KPMG AG. According to the survey, the greatest risks investors perceive are market manipulation, regulation, and financial crimes.
