JPMorgan says 72% of institutional traders surveyed 'have no plans to trade crypto' while 14% plan to trade cryptocurrencies within five years. bitcoin $BTC
A new survey by JPMorgan Chase shows that 72% of institutional traders “have no plans to trade crypto” while 14% plan to trade cryptocurrencies within five years. Institutional traders also expect “recession risk” to have the biggest impact on markets in 2023.Global investment bank JPMorgan Chase published the results of its annual “e-Trading Edit” survey on Thursday.
72% of traders surveyed ‘have no plans to trade crypto/digital coin,’ with 14% predicting they’re not currently trading but plan to trade within 5 years. 8% are currently trading and 6% are not currently, but plan on within 1 year. For traders that predicted ‘inflation’ to have an impact on markets, we asked them ‘What is your outlook for the impact of inflation when pricing it in for 2023?,’ with 44% of traders predicting inflation will decrease.
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