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The survey shows 43% of the public with a negative view of cryptocurrencies, up from 25% in March. The percentage with a positive view plummeted to just 8% from 19% Finally, only 8% of people had a positive opinion, down from 19%. The results from crypto investors showed that they support the industry more than non-investors A new CNBC survey suggests that only 8% of Americans have a favorable view of cryptocurrency as of the end of November, down significantly from the 19% recorded 45 votes, 50 comments. 1.6M subscribers in the CryptoMarkets community. A community for news and discussion about cryptocurrency finance. A solid majority (76%) reported a positive impact from cryptocurrency, with 46% considering it very positive. People also saw crypto as having a positive efect on society as a whole.

Cryptocurrency Confidence Crashes: Survey Finds Only 8% of Americans Hold a Positive View

A new CNBC survey suggests that only 8% of Americans have a favorable view of cryptocurrency as of the end of November. This represents a dramatic shift in public opinion, with cryptocurrency facing growing skepticism across the nation.

The survey shows 43% of the public with a negative view of cryptocurrencies, up significantly from 25% in March. This stark contrast highlights the rapid decline in consumer trust and the increasing perception of risk associated with digital assets.

Positive Sentiment Plummets: The percentage with a positive view plummeted to just 8% from 19% in March, marking a significant low point for cryptocurrency's public image. Finally, only 8% of people had a positive opinion, down from 19% – confirming the trend observed throughout the year.

While overall sentiment is down, the results from crypto investors showed that they support the industry more than non-investors. However, this dedicated base wasn't enough to offset the widespread decline in positive sentiment among the broader population. While CryptoMarkets users might discuss the industry with passion (45 votes, 50 comments. 1.6M subscribers in the CryptoMarkets community. A community for news and discussion about cryptocurrency finance), their views don't reflect the general public.

Some earlier data showed a different story. A solid majority (76%) reported a positive impact from cryptocurrency, with 46% considering it very positive. People also saw crypto as having a positive effect on society as a whole. This divergence between investor views and broader public opinion is a key factor driving the current narrative. The steep drop to just 8% holding a positive view underscores a significant challenge for the cryptocurrency industry to regain public trust and confidence.

The recent downturn in cryptocurrency values, coupled with increasing regulatory scrutiny, likely contributed to this decline. This survey provides valuable insights into the challenges facing the crypto industry as it seeks to navigate an increasingly skeptical public landscape.

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