US Crypto Adoption Sees Resurgence, Bitcoin Remains Dominant: Deutsche Bank

According to a new retail survey conducted by Deutsche Bank, covering 3,400 consumers across the US, UK, and EU, crypto adoption in the US has experienced a notable resurgence. The survey found that US participation rebounded to 12% in March, up from 7% in February, returning to levels last seen in July 2025. The report highlights that adoption rates have not exceeded 14% in the survey's history, which dates back to 2023. Bitcoin exchange-traded funds (ETFs) also saw a significant increase in March, with net inflows of approximately $1.3 billion, signaling renewed institutional demand after a slow start to the year. Analysts Marion Laboure and Camilla Siazon noted in the report that US crypto adoption rates recovered in March after steadily declining since July 2025. Crypto prices have shown signs of stabilization after a volatile start to 2026, driven by renewed institutional demand and geopolitical factors. Bitcoin rose roughly 9% in March, recovering towards the $70,000 level, although it remains down over 20% year-to-date and well below its late-2025 peak above $120,000. The recovery has been uneven, with prices repeatedly testing resistance around the mid-$70,000 range. Despite the rebound in participation, consumer sentiment on bitcoin's price outlook is subdued, with a majority of respondents expecting bitcoin to trade lower than current levels by the end of 2026. However, bitcoin remains firmly at the center of the crypto market, with roughly 70% of crypto investors holding bitcoin and citing it as their top choice for future investment.