Despite the gloom of the ongoing cryptocurrency winter, coupled with failures of crypto giants like FTX, the community appears to remain bullish about crypto, according to a new survey.
Crypto markets saw a massive sell-off in 2022, with the total market cap plummeting nearly 70% since Bitcoin (
As such, 50% of respondents from Brazil said they bought crypto in 2022, with 50% also planning to buy digital coins next year. 50% of Nigerians said they purchased crypto this year, while as many as 60% of Ghana respondents said they expect to buy crypto in 2023.
In contrast, Germany and Italy emerged as one of the most skeptical countries in terms of investor sentiment to crypto. Only 31% of Italian respondents said they purchased crypto this year, with 29% planning to purchase next year. Just 34% of respondents from Germany bought cryptocurrency in 2022 and 30% plan to do so in 2023.