Institutional Investors See Bitcoin as Undervalued, Survey Finds

A recent report indicates that a significant majority of institutional investors perceive Bitcoin as undervalued. According to NS3.AI, 71% of institutional investors hold this belief, compared to 60% of retail investors. The survey also highlights that 80% of institutional investors are inclined to hold or purchase more Bitcoin if the market experiences a further 10% decline. Furthermore, more than half of all investors consider the current crypto market to be in an accumulation phase or bear market. Potential rate cuts by the Federal Reserve are anticipated to benefit risk assets.