Survey: Many Investors Expect Bitcoin to Be Seriously Higher in One Month
Bitcoin has undergone a strong rally since the lows seen just two weeks ago. The leading cryptocurrency currently trades for $13,050, far above the aforementioned lows and above the medium-term lows set during the September correction at $9,800. Some have argued that the cryptocurrency is severely overbought. As reported by NewsBTC previously, one trader recently […]
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A new survey shows that the majority of nearly 1,000 investors who responded expect bitcoin’s price to drop to $10K. In addition, 28% of respondents expressed strong confidence that cryptocurrencies are the future of finance while 20% said they are worthless.
Investors Believe Bitcoin Could Fall to $10K
The latest Bloomberg MLIV Pulse survey, conducted from July 5-8, asked 950 investors who responded where they see bitcoin’s price heading.
Respondents were asked, “Which level will bitcoin trade at first? $10K or $30K.” According to the....
A survey conducted in the UK recently reveals that two out of every five investors initially know little or nothing about cryptocurrencies. Moreover, they admitted to seeing the sector to be “non-existent or poor” before their investment. The survey exposed the ignorance of the British crypto investors’ knowledge, motivations, and exposure regarding crypto investments. Related […]
Institutional investors expect to start buying crypto to increase their revenues over the long term. Institutional investors are increasingly looking to move into cryptocurrency investment to grow their revenues in the long term, a new survey revealed.As many as 62% of global institutional investors with zero exposure to cryptocurrencies like Bitcoin (BTC) said they expect to invest in these for the first time within the next year in a new survey by European investment manager Nickel Digital Asset Management.Released Sept. 28, the survey interviewed 50 wealth managers and 50 institutional....
More than 80% of institutional investors polled that have already invested in digital assets expect to increase their exposure. A new survey suggests that hedge fund executives, wealth managers, and institutional investors already holding crypto assets intend to increase their holdings.The survey, conducted by London-based crypto fund Nickel Digital Asset Management, revealed that 82% of the 100 investors and wealth managers polled expect to increase their exposure to digital assets between now and 2023.The research, conducted online in May and June and shared with Cointelegraph, surveyed....
Investor interest in Ethereum is no longer a novel phenomenon. The second-largest asset by market cap has seen more support with the rise of decentralized finance on its ecosystem. Applications of Ethereum have been the major drive behind the growth of the cryptocurrency and institutional and individual investors alike see the asset outgrowing number 1 coin Bitcoin in the coming years. A recent CoinShares survey has echoed the sentiment that has been held by investors in the market for a while now. It showed that number of investors who believe Ethereum is set to outpace Bitcoin is over....