Institutions Are Still Bullish on Crypto: Fidelity Survey

[Google News Bot]

Bitcoin may be trading for 70% less than the all-time high of $69,044 it touched last year during the red hot bull market—but that doesn’t mean big investors are no longer interested. That assumption is challenged by a survey by Boston-based investment giant Fidelity. The firm today revealed that 58% of institutional investors were invested in digital assets in the first half of 2022—a 6% increase from the year before. And 74% of institutions said they were planning to buy digital assets in the future, an announcement by the firm said, while 51% have a positive perception of ...

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