Survey: 20% of respondents believe that Bitcoin will reach $100,000 within two years

2024-07-30 20:21:04

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ChainCatcher news, according to Crowdfund Insider, the digital asset hedge fund management company Nickel Digital Asset Management released research results indicating that the institution recently conducted a study on institutional investors and wealth managers in the United States, United Kingdom, Germany, Switzerland, Singapore, Brazil, and the United Arab Emirates, with a total asset management scale of approximately $1.7 trillion among the respondents. Currently, about one-fifth (20%) of the surveyed companies expect "Bitcoin to reach $100,000 within two years."

In addition, the institution found that the respondents' confidence in the price performance of Bitcoin and Ethereum is translating into support for altcoins and other digital assets. Almost all respondents (98%) believe that altcoins and other digital assets will attract more investment, while only 83% expressed the same view in January.

Nickel Digital Asset Management is a Europe-based digital asset hedge fund management company founded by former personnel from Bankers Trust, Goldman Sachs, and JPMorgan Chase.

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