Institutional Investors Look for Correction in Crypto Markets in 2022
Many institutional investors are expecting the crypto market to correct during 2022. The reason behind this statement was the sudden growth of the field, mainly through fundamental elements, that many traditional analysts are not taking into account in the daily routine.
In the same research, the most feared assets for correction are bonds with floating interest, stocks and technologies. It is worth noting that 4 out of 10 investors believe that cryptos are a legitimate investment option while 28 % has already invested in them. The expectations are even more positive as 90 % of crypto investors will increase or sustain their positions.
Goldman Sachs has mentioned FOMO as a key driver for many investors to enter the crypto market while many wealth managers will increase their positions in them during 2022 and 2023.