Deutsche Bank noted that most of the crypto transactions are below $100. The financial institution added that there is a small percentage of investors who believe that “crypto is a golden ticket.” About 43% see crypto trading as a hobby.
The cryptocurrency market rose to popularity in 2021. In November, Bitcoin — the largest crypto by market cap — reached an all-time high of $69,000 and ether closed at above $4,800, with the total market cap of all cryptocurrencies topping $3 trillion.
