Investors are becoming optimistic on Bitcoin prospects as market conditions continue to harm traditional assets

Retail investors are becoming increasingly optimistic about cryptocurrencies, as volatile market conditions cause people to consider adding the asset to their portfolio.

According to a survey of 2,537 retail investors from investment advice platform Finimize , nearly 70 per cent are more bullish on the opportunities offered from cryptocurrencies than equities over the next 12 months, up from 67 per cent the previous quarter.

The growing optimism in crypto marks the first time confidence in the digital currency has overtaken that of the stock market in three years, when it began to steadily creep onto people’s radar as a mainstream investment option.

The shift from speculat

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