In a prediction market on the Myriad platform, only 9% of respondents anticipate a crypto winter. The majority express optimism about the cryptocurrency market's stability.
A recent survey via Myriad's prediction market reveals strong confidence among users in the cryptocurrency sector. Just 9% of participants expect a downturn known as a crypto winter, where prices plummet and activity freezes.
Myriad, a platform for such markets, captured these sentiments as of the latest data. The results suggest that most users foresee continued growth or at least avoidance of severe contraction in crypto assets. This comes amid fluctuating prices for major coins like Bitcoin at around $91,670 and Ethereum near $3,004, though these figures are incidental to the poll's focus.
The prediction market's outcome highlights a shift from past bearish periods, potentially influenced by recent market recoveries. No specific reasons for the optimism were detailed in the survey, but it underscores user belief in the sector's resilience.