The Crypto Market Has Lost the Enterprise Investors’ Interest
According to Jared Gross, JPMorgan’s senior market strategies, the cryptocurrency market received substantial inflows from 2020 to 2021, but currently, institutional investors tend to avoid the crypto market. In fact, some institutions feel lucky to have missed the chance to invest in the market in the 2021 rally. In other words, cryptocurrencies as an asset class are ‘nonexistent’ for institutional investors. Investors’ oblivion towards the crypto project is mainly due to the high volatility in the market.
Moreover, institutions do not foresee intrinsic returns from investing in cryptocurrency projects. This implies that the cryptocurrency market will not attract enterprise investors’ attention anytime soon. Therefore, with all that is happening in the world, the overall bearish trend in the crypto market will prevail.
Disclaimer
The information on this website is provided for educational and informational purposes only. Any action taken by readers based on the information contained on our website is entirely at their own risk.
Source: www.pipsafe.com – Enterprise Investors
www.bitcoin.org
What is Bitcoin?
What is Ethereum?
What is Cardano (ADA)?
What is Tether?
What is Solana?
Who invented this challenging crypto?
What are the advantages of SOL over Bitcoin and other Altcoins?
Categories :
Tags :
