Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.
This week, we posed the following question to over 1,000 Benzinga visitors on cryptocurrency trading and investing: Which will happen first, Bitcoin (CRYPTO: BTC) at $100,000 or Shiba Inu (CRYPTO: SHIB) at $0.001?
Here are the full results from this week’s survey:
- Bitcoin will reach $100,000 first: 40.7%
- Shiba Inu will reach $0.001 first: 59.3%
Bitcoin is considered one of the most volatile assets to trade, making it incredibly hard to predict its future price.
One way to examine if it is possible for Bitcoin to go to $100,000 is to take a look at the previous market cycles’ price actions… Read More
Price Action:
- Apex cryptocurrency Bitcoin is marginally lower Thursday by 0.77% at around $30,040
- Bitcoin is lower by 2.57% over the trailing three months
- Popular Ethereum-based (CRYPTO: ETH) crypto Shiba Inu is also marginally higher by 0.95% at $0.00002432 on Thursday
- Shiba Inu is lower by 54.04% over the trailing three months
This survey was conducted by Benzinga in June 2022 and included the responses of a diverse population of adults 18 or older.
Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from over 1,000 adults.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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