Bitcoin and Cryptocurrency Survey from JP Morgan! When Will Institutional Investors Start Buying?

Bitcoin (BTC) and cryptocurrencies It made a good start to 2023 and caused some investors to get excited.

While some investors are experiencing the enthusiasm of the rise, the US banking giant JP MorganA recent study by ‘s revealed that institutional investors did not share this enthusiasm.

JP Morgan e-Trading Editpublished the seventh edition of .

The study was carried out from January 3 to January 23, 2023.

In this study, institutional investors’ expectations in 2023 cryptocurrencyJP Morgan stated that 72% of institutional e-commerce users said that they do not have plans to trade crypto/digital currencies in 2023.

In contrast, only 14% of institutional investors surveyed said they would continue to trade in the crypto/digital asset market.

The remaining 14% stated that they do not plan to invest in crypto/digital assets in 2023. However, these 14% also added that they will be able to invest in the next five years.

Separately from cryptocurrency investment, the survey found only 12% of institutional investors to be the most influential technology in shaping the future of crypto trading. blockchain demonstrated the technology.

53% of investors are in the future of crypto trading artificial intelligence (AI) and he thinks technologies related to machine learning are effective.

*Not investment advice.

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