Crypto belief despite the global decline throughout America: survey

Crypto belief despite the global decline throughout America: survey

The global trust of private investors and institutional investors in crypto suffered a small slump in the second quarter of this year, a time that was shaped by liquidity crises and top -class collapse.

Nevertheless, trust in the investment class remains relatively high, as studies on behalf of the crypto exchange show BITSTAMP.

In a recent Survey Including 28,000 respondents in 23 countries showed that confidence in the cryptos sector dropped by 3 % by 3 % is, from 70 % in the first quarter to 67 % in the following period.

The percentage of small investors worldwide, which krrypto considered trustworthy, also fell - from 67 % to 65 %. However, the respondents in the United States showed a thrust from 61 % to 73 %.

An institutional investor is a person with control or a major influence on the investment strategy of a customer or company, Bitstamp told Blockworks. Small investors, on the other hand, are those who are over 18 years old and have heard of both crypto and keep every kind of investment.

The number of private investors who actively invest in the area still rose from 42 % to 61 % in the quarterly comparison, which corresponds to an increase in almost a fifth

While trust at the global level was shaken, the respondents in the retail trade showed more trust in cryptocurrencies in most of America in the last quarter.

"In fact, Canada was the only country in which confidence in cryptocurrencies in the second quarter compared to the first quarter among the respondents in retailers has decreased slightly below 50 %," the report said.

"All other countries in America saw that confidence in cryptocurrency remained high with 68 % or more, whereby countries like Brazil reached 77 %, Chile 69 % and Mexico 70 %."

The crypto survey of BISTAMP reflects the general caution of the market

Macroeconomic factors persistent, such as the increasing inflation and the tightening of central bank policy, which aims to contain it, have affected risk -proof assets such as Bitcoin and Ether.

Bitcoin and Ether have fallen by almost 60 % in the previous course of the year after prices had collapsed in the second quarter.

That seems to weaken the crypto investment products, the volume of which has dropped on a broad front and that have reached the lowest level in two years when the outflows in August.

The trade volume of crypto exchanges on large stock exchanges, including coinbase, shows that institutional actors predominate the retail trade compared to the previous bull run of crypto in 2017, according to to the Messari-Analysten Tom Dunleavy.

"Although the markets may seem dark in this declining environment, we still see strong interest of experienced investors in all of Asia and America who want to use capital in this room," said Daniel Kim, Director of Investments at FBG Capital, in an interview with block works.

"We see that some of our portfolio companies try to make it easier for people who are not crypto native to access crypto and enter it," said Kim. Bitstamp's survey showed that the greatest entry barriers for both types of investor in the last quarter were due to a lack of consciousness, knowledge and sufficient industry regulation.

Much of the market is still concerned about inflation after historical money prints during pandemic, which makes it difficult for investors to assess the health of both equity and cryptoma markets.

"Inflation is so high for various reasons- the energy and oil prices were upset as a result of the Russian war, and there were also concerns about the supply chain," wrote Dan Ashhor, Chartered Financial Analyst at InveZZ, in an email.

While the increased supply of new money was necessary to get the economy back on its feet, the amount of dollars drove inflation into a spiral.

"The only thing we know is that such big drawdowns historically often represent a good time to buy," wrote Ashhor.

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The contribution crypto belief despite the global decline throughout America: survey is not a financial advice.