Cryptocurrency interest to Double in Future says ING bank

As some counties are regulating cryptocurrency and others obstructing. We can see that the use of cryptocurrency by people across the world has been doubled since the past year. Even with the high volatility in the price index people are still interested to invest in cryptocurrency.

According to a research by ING bank, As they have surveyed around 15,000 people from 13 different counties. The survey states that 16 percent of people are planning to buy cryptocurrency in future and 15 percent of people would like to get their salary in bitcoin or any other cryptocurrency.

“Cryptocurrency remains an abstract investment for many, but there may be more appetite for digital currencies than some might suggest,” said Jessica Exton, a behavioural scientist at ING.

As we saw that last week the price of all cryptocurrencies had dropped. But the start of this week it shows a positive sign of recovering back. Also, bitcoin has recovered back to $6,100 from the last week’s fall.

Below we can see a chart of current cryptocurrency owners and the future potential growth in several different countries.

As of all the investors surveyed all around the world, they seem excited about cryptocurrency. Since they say that cryptocurrency is the future of online transactions and also it is the future of trading and investing.

If cryptocurrency stabilizes then the interests would increase says Tenuis Brosens, an economist of global markets at ING.