A recent survey of 15 institutional investors by Bitwise found that none of them reduced their exposure to cryptocurrency despite the significant price drop. This suggests that institutions have not abandoned their interest in crypto, even if they are being cautious about which assets to invest in. The survey also highlights the resilience of institutional investment in the crypto market.
Source
"Institutions Resist Bitcoin Price Drop" — CryptoPotato
This article is Bitcoincryptos' summary and analysis of reporting originally published by CryptoPotato. Read the full original report at the link above.
BTC · 7D · $82,859+1.6%