Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.
This week, we posed the following questions to over 1,000 Benzinga visitors on cryptocurrency investing:
Do you think Bitcoin (CRYPTO: BTC) is heading above $30,000 by the end of August?
- Yes, Bitcoin will reach $30,000 by the end of August: 59.1%
- No, Bitcoin will reach $30,000 by the end of August: 40.9%
Do you think Ethereum (CRYPTO: ETH) is heading above $2,000 by the end of August?
- Yes, Ethereum will reach $2,000 by the end of August: 44.7%
- No, Ethereum won't reach $2,000 by the end of August: 55.3%
Do you think Dogecoin (CRYPTO: DOGE) is heading above $0.15 by the end of August?
- Yes, Dogecoin will reach $0.15 by the end of August: 39.6%
- No, Dogecoin won't reach $0.15 by the end of August: 60.4%
Apex cryptocurrency Bitcoin is trading lower by 29% to $20,649 over the past month.
Ethereum is trading lower by 43% to $1,127 over the past month.
Dogecoin has fallen around 29% to $0.059 since the middle of May. The crypto has garnered much popularity following Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's endorsement of the meme coin as his favorite cryptocurrency... Read More
This survey was conducted by Benzinga in June 2022 and included the responses of a diverse population of adults 18 or older.
Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from over 1,000 adults.
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