Markets crypto have been limited by ranges with lowvolatilityfor months, but many investors are optimistic that things can improve towards the end of the year.
The 24 of October, Bloombergrevealedthe results of its latest survey MLIV Pressfor the participants of themarket and crypto.
The environment conducted a similar survey in July when the feeling was decidedly bearish.Things have improved a little since then, although there has not been a recoveryin the prices of thecryptocurrencies, who have been trading sideways since mid-June.
About half of the respondentsexpected that the consolidation ofBitcoinwill continue until the end of this year, but with an upper limit for the price of around $25,000.On the contrary, in the second quarter, the majority thought that Bitcoin would fall to $10,000 before returning to $30,000.Has not happened (yet).
Markets crypto have beenhighly correlated with risk assets, such assharestechnology, this year.Around 42% of the respondents thought that this correlation would continue for the next year, and 43% said they would buy more digital assets.
Regulations something good
Despite the deepening of the winter crypto and the shadowy regulatory perspective, 60% of 564 respondents indicated that they saw the last actionof law as a positive signal for the industry and asset class.
Bodies of financial control have been taking aggressive measures and investigating cryptographic companiesThree Arrows, Voyager Digital and Celsiusin the wake of the bankruptcy of this year.
Around65% of retail investors said they were more likely to invest in cryptocurrencieswhen there is a greater application.The number was 56% for theinstitutional investors, suggesting that the general feeling towards the regulation is positive.
The united states is dragging the chain when it is moving forward with a frame.congressman aceJim Himes have hintedthat it is likely that nothing is on the table until the middle of 2023 at the earliest.policy makerhave bigger fish to fry with the mid-term elections next month, even though the crypto voters could influence things there.
Markets crypto move
There has been little movement in the prices of digital assets to begin this week.The total market capitalization has climbed graduallyup to a maximum of seven days of 980 billion dollars, but failed to obtain more profits.
Bitcoin was changing hands for 19,305 usd at the time of publication.Meanwhile,ethereumhad exceeded the 1,350 dollars, up by 2.7% on the day.
The market of altcoin was mixed, with very little movement in any direction for the majority of the tokens.
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