Next Crypto Bull Run Will Be Led By Wealthy Investors: Survey

As the coming altcoin news show, the cryptocurrency market is in a stable condition right now. In fact, the recent gains show that there is a massive possibility for a next bullish run. According to one survey, the next crypto bull run is on the horizon and it is expected to be fueled by wealthy investors and institutional parties.

The survey was carried out by deVare Group, which is an independent global financial consultancy organization. It yields data showing that the next crypto bull run is close – signaling that a significant amount of individuals may soon foray into the crypto markets.

What’s also impressive is the fact that this survey gathered data from over 700 respondents in major countries across the globe. It found that even 68% of the participants which are considered as ‘high net-worth individuals’ either invested in the crypto markets or will make investments in Bitcoin, Ethereum or Ripple before the end of 2022, fueling the next crypto bull run.

Despite seeing a lot of their crypto investments disappearing over the past year or so as the market gains collapsed in 2018 – wealthy investors will likely return and fuel the next crypto bull run, the survey said. A major group of investors to be part of this are institutional investors including pensions, endowments and family offices – as well as high net-worth individuals who are increasingly growing their interest in the nascent markets.

Nigel Green is also featured in the latest cryptocurrency news. As he commented, the results of this survey show a growing universal adoption of cryptocurrencies – all leading high net worth investors to have a sense of FOMO (fear of missing out) and in that manner fueling a new bull run:

“There is growing, universal acceptance that cryptocurrencies are the future of money – and the future is now.  High net worth individuals are not prepared to miss out on this and are rebalancing their investment portfolios towards these digital assets,” Green explained, further adding that “Crypto is to money what Amazon was to retail.”

There are many other surveys which are virally shared by many best cryptocurrency news sites – all indicating that the next crypto bull run is close – or has begun recently – as well as unveiling details about fresh capital from wealthy individuals coming in the market.