Institutional Investors Remain Optimistic for Crypto: Binance’s Latest Survey Reveals

The world’s largest cryptocurrency exchange by volume, Binance, conducted a survey between March and May 2023 that shows institutional investors trading in the vast cryptocurrency market are looking positively, even optimistically, at cryptocurrencies for the next year and especially beyond. Striking Numbers from Binance’s Research The survey, conducted by the Binance Research and Binance VIP & Institutional teams between 31 March – 15 May, involved 208 clients. According to the research note, over half (52%) of the respondents have less than $25 million under management, while 22.6% have more than $100 million. 63.5% of the respondents are positive about the cryptocurrency market for the next year. A large majority are long-term optimistic about the cryptocurrency market. Accordingly, 88% of the respondents expressed optimism for the cryptocurrency market over the next decade. The survey also provides striking information that, despite negative developments that hit the market last year, respondents continue to […] The post Institutional Investors Remain Optimistic for Crypto: Binance’s Latest Survey Reveals appeared first on COINTURK NEWS.