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JPMorgan Survey Paints Mixed Picture for Crypto Sentiment in 2023

In its latest e-trading trends survey of 835 institutional traders, investment bank JPMorgan attempted to gauge market sentiment for the coming year.

However, the findings appear very conflicted, especially concerning digital assets and trading.

A question regarding electronic trading, which included crypto, commodities, and derivatives, saw an overwhelmingly positive response.

“100% of responding traders predicted they will increase electronic trading activity.”

58% was the response to a question regarding the volume of crypto traded on e-trading platforms in 2023. The figure increased by 11% to a predicted 69% for 2024, suggesting that professional traders would be looking to increase their volume of crypto traded through digital platforms.

(By Martin Young)

Crypto
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