Korean Crypto Investors: New Survey Shows Cautious Outlook Amidst FTX Payouts

Recent survey data reveals a shift in the mindset of Korean crypto investors, indicating a waning bullish sentiment. While 27.5% remain optimistic about Bitcoin’s future, a majority of 43.2% hold a neutral position. This change is partly attributed to concerns surrounding FTX payouts. As per the survey conducted by Bitcoin World and Cratos from May 20th to 23rd, involving over 2,000 individuals, investors are now less optimistic about future price increases. Instead of expecting significant growth, a greater number anticipate stability or even a decline. The survey also highlighted that the anticipated impact of FTX payouts on the market remains debated among Korean investors. While 26.9% see it as positive for liquidity and 41.7% believe it’s likely to have a negative effect, many remain unconvinced about its significance. The findings suggest a growing awareness of broader macroeconomic forces influencing market trends. 51.7% view FTX payouts as having no substantial impact, with investors increasingly focusing on factors like geopolitical events and inflation.