Survey reveals great Crypto Fear

60 percent of the 950 investors who took part in the last MLIV Pulse survey see the value of the largest digital currency falling to $10,000 rather than recovering to $30,000. 40 percent expect the opposite development.

Jared Madfes, partner at venture capitalist Tribe Capital explains:

It’s very easy to be fearful right now, not only in crypto, but generally in the world

- Jared Madfes

Around $2 trillion has disappeared from the market value of cryptocurrencies since the end of last year, according to CoinGecko. Central banks are also considering developing their own digital currencies for use in digital payments. Jared Madfes, partner at venture capitalist Tribe Capital explains:

The next financial bubble is always something different than the last bubble, so the majority is absolutely right on this one

- Matt Maley, Miller Tabak + Co

Here a short sneak into the survay:
Read more about it on Bloomberg: https://bloomberg.com. Or Checkout the survey directly at MLIV