J.P. Morgan’s survey says 51% institutional investors believe in cryptocurrency!

📣 J.P. Morgan’s survey says 51% institutional investors believe in #cryptocurrency!

👉 Investment bank JPMorgan surveyed thousands of #investors from 1,500 institutions and found that 51% of them have faith in cryptocurrency.

👉 The survey result shows that 42% of investors feel that cryptocurrency is here to stay, and 9% even consider it an important asset.

👉 On the other hand, 49% of Investors consider it a “rat poison squared,” the term used by #BerkshireHathaway CEO #WarrenBuffett to characterize Bitcoin.

👉 Though only 10% of the investors prefer cryptocurrency on a professional level, when asked about their portfolio, a survey found that 40% of the investors prefer cryptocurrencies.

👉 Studying the numbers, two of JPMorgan’s top strategists #MarkoKolanovic and #DubravkoLakos-Bujas, wrote, “Investors’ view on cryptocurrency’s future is very divided.”