“77.3%… more positive impression of Bitcoin.”
Binance’s institutional investors are optimistically bullish on the crypto market’s future for the foreseeable future, according to a survey covering 208 of the top global crypto exchange’s clients and VIP users which was conducted between late March and mid-May this year.
63% of respondents said they felt cautiously positive about the crypto market over the next 12 months, with a much heftier 88% feeling encouraged about the sector in the next decade.
The data also showed that the majority include cryptocurrency in their intraday trading sessions, with infrastructure (53.9%) ranking top of the list of most pertinent areas in the field, followed by layer-1 (48.1%) and layer-2 pathways (43.8%).
The survey revealed that although Bitcoin ( ) gained a more positive impression from observers this year, with 77.3% of Binance’s institutional investors noting more encouraging sentiment overall.