Bitcoin set to drop 50% from here to $10,000: survey shows

Updated : Jul 13, 2022 07:14
|
Gazal Malik

Majority of 950 investors surveyed expect popular crypto Bitcoin to fall further halving its value to $10,000 as per latest MLIV Pulse survey.

Bloomberg reports 60% of the 950 investors expect a further crash in the token wile 40% remain hopeful that the digital asset will move back towards the $30,000 mark. 

Crypto investors have seen $2 trillion being wiped out of the market as rising interest rates have reduced risk appetite globally pushing crypto enthusiasts to face a 'trading winter'. 

crypto-currencyBitcoin

Recommended For You

editorji | Business

Indian Stock Market Indices: Sector Analysis Performance Today - 20 December, 2024

editorji | Business

Global Stock Market Indices: How the World Markets Performed Today - 20 December, 2024

editorji | Business

NSE Nifty 50 Top Gainers: What are the 5 Biggest Stock Gainers Today (Dec 20)?

editorji | Business

Nifty 50: Top losers today - 20 December 2024

editorji | Business

Rupee recovers from all-time low, gains 10 paise to 85.03 against US dollar