The latest survey by MLIV Pulse shows that 60% of the 950 respondents believe that the Bitcoin price will drop to $10,000, while 40% predict that the Bitcoin BTC -0.61% price will rebound.
According to data from CoinGecko, about $2 trillion in market capitalization of cryptocurrencies has disappeared since last year. Average investors are more conservative about cryptocurrencies than institutional investors, with nearly a quarter declaring the asset class junk. Professional investors are more open to digital assets.