Bank of America

Long Live Crypto! 9/10x will still buy crypto

S&P 500 has fallen into bear market while #cryptocurrencies crashed to a total market capitalization of under $1 trillion. And many believe that this may signal the end of crypto.

However, this does not seem to deter the majority of crypto investors and enthusiasts from buying more in the next six months, according to a recent survey conducted by Bank of America.

According to a report by CoinDesk, the survey, which polled 1,000 existing and potential crypto users in the first week of June, revealed that 91% of respondents had the intention to purchase crypto in the next six months, despite a sharp decline in prices.

Selling expectations have not been affected too with 30% saying they do not plan to sell any of their crypto holdings in the next six months, unchanged from the percentage who said they had not sold any crypto in the previous six months, according to the report.

Full report here.

Our recent poll results from LinkedIn 

  • Share this Article

You May Also Like