Survey: Nearly 50% of Korean Investors Expect US Tariffs to Harm Crypto Market and Drive Price Drops
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- Only 21.4% of Korean investors expect Bitcoin to rise this week, down from 36.8% last week.
- Bearish sentiment grows, with 40.4% predicting a decline, up from 21.1%.
- Nearly half of investors expect U.S. tariffs to negatively impact the market.
A recent survey conducted from March 25 to 28 shows declining optimism among Korean cryptocurrency investors. The survey, which polled 2,000 participants, tracks weekly market sentiment trends.
This week, only 21.4% of respondents believe Bitcoin (BTC) will rise significantly. This marks a sharp drop from last week’s 36.8%. Separately, 38.2% predict a stable market (down slightly from 42.1%), while those expecting a decline nearly doubled to 40.4%, up from 21.1% previously.
Notably, Bitcoin is trading at approximately $81,630. During the survey period, Bitcoin experienced a decline of about 4%, trading just above $83,700 on March 28. The price drop aligns with the growing investor caution reflected in the survey results.
Korean Crypto Sentiment Turns Cautious
When asked about the overall market outlook, 44.1% of investors described their sentiment as neutral. Meanwhile, 23% expressed optimism, including extrem…
The post Survey: Nearly 50% of Korean Investors Expect US Tariffs to Harm Crypto Market and Drive Price Drops appeared first on Coin Edition.
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