Survey Finds 72% of Investors Believe Bitcoin Is Experiencing Another Bubble

Survey Finds 72% of Investors Believe Bitcoin Is Experiencing Another Bubble

Bitcoin prices (CRYPTO: BTC) rose 10.5% in the past 24 hours on Monday morning to exceed $ 48,000, but they remain well below their all-time high of $ 58,313.

Bitcoin prices have now risen 475% over the past year, and a new survey from DataTrek Research suggests investors believe 2021 could be a sequel to 2018.

Where are the bubbles? DataTrek recently asked 394 investors where they currently see price bubbles in financial markets. Bitcoin was by far the most popular response with 71.8%. US large-cap stocks and ETFs such as the SPDR S&P 500 ETF Trust (NYSE: SPY) were far behind at just 24.3%, followed by US small-cap stocks and funds like the iShares Russell 2000 ETF ( NYSE: IWM) at …

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