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Institutional Behavioral Change And Expectations Towards The Crypto market In The Span Of A Year

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This year alone the market made a remarkable history one that can’t be forgotten in a hurry, and since the collapse of FTX instructional investors are also about the implementation and regulations of these stable coins and the crypto market in general. While in a nutshell a survey was carried out by a renowned crypto exchange coinbase just in way of sizing blue chips behavior and they projection towards the crypto market and these digital assests. source

The digital survey about 140 US based institutional based investors, from the survey result a hand full feels that the digital asset is here to say even if the market is in on the bearish side.

“Overall sentiment towards digital assets has remained positive with 72% supporting the view that digital assets are here to stay (86% among those currently invested in crypto and 64% among those planning to invest).”

source

Regarding the price movement to a great percentage feels that in coming months, there would be no significant recovery as regards market price in the next couple of months. Well some are in a stand point that the crypto market will see further losses, with so many crypto predictions which says that if bitcoin can’t be able to should it’s current support we might see it move towards $11k.

“The crypto winter has dampened short-term expectations for price appreciation. When asked about their outlook on prices, 54% of investors stated that they expect crypto prices to be range bound, while 29% expect it to trend lower in the next 12 months.”

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