The crypto market is undergoing one of its lowest cycles since the turn of the year. Some crypto forecasts predicted a more positive outlook for the crypto market for November. However, events changed things negatively. The U.S. Federal Reserve (Fed) held onto the rates hike, and FTX’s collapse further plunged the market into chaos. After recent events, investors withdrew most of their crypto holdings from FTX and other major exchanges. Related Reading: Chainlink Rally In Social Activity Hits ATH Of 44,173 – Will LINK Price Climb As Well? Institutional Investors Increase Crypto Holdings According to a Coinbase report in the Institutional Investor Digital Assets Outlook Survey, professional investors have added to their portfolios. The survey conducted on 140 investors between September 21 and October 27 revealed this information. The total crypto assets of these investors were $2.6 trillion. This survey was before the FTX incident, before the latest price downtrend. Of the survey participants, 62% already in possession of crypto holdings increased the size of their portfolio. This increase took place within a year. Notably, just 12% of the survey participants decr ..
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