U.S. crypto adoption is rebounding, bitcoin still dominates, Deutsche Bank says
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- Deutsche Bank reports U.S. crypto adoption rebounded to 12% in March, up from 7% in February and matching July 2025 peaks.
- Bitcoin ETFs pulled in roughly $1.3 billion net inflows in March, the strongest month‑to‑month inflow since early 2025.
- Marion Laboure notes Bitcoin price rose about 9% in March, reaching the mid‑$70,000 range but still over 20% below its YTD high.
- Camilla Siazon adds that the price rally coincided with easing geopolitical tensions and a tentative stabilization of crypto markets.
- U.S. consumers largely expect Bitcoin to trade lower than current $75,000 levels by end‑2026, with 19% forecasting $20‑$60k and 13% below $20k.
- U.K. crypto adoption fell to 9% in March, still above its 2023 baseline.
- EU crypto adoption remained flat at 7% in March, showing steadier demand than the U.S.
Why it matters: Crypto exchanges gain a 5‑point jump in U.S. participation and $1.3 bn of ETF inflows, while investors betting on higher Bitcoin prices face potential losses as 19% of U.S. consumers expect sub‑$60k levels by 2026, tightening market liquidity.
