Bitcoin will surpass the S&P 500 in 2020!
The research was carried out with the participation of numerous financial experts, almost half of the participants agreed that Bitcoin will outperform the S&P 500 next year. 33% of experts put forward the idea that the S&P 500 would outperform, while 13% had the idea that fixed-return securities would outperform. People who think that the housing price index will be at the forefront remained at 5%.
Of the expert financiers involved in the study by the company Chainalysis, 48% said they believed cryptocurrencies would outperform the S&P 500 next year. The survey was conducted with 350 participants, including bank managers, financial providers, and regulatory agencies.
Big investors looking optimistically towards cryptocurrencies, cautious approach to the market and staying away seems to be the biggest problem. The research points to regulatory turmoil and uncertainty as to the reason for this. About 57% of respondents cited concerns about regulation as the reason for not investing in cryptocurrencies and hesitant approach.
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