Research: Bitcoin is now the second most traded industry after commodities and ESG.
“Long Bitcoin” has fallen to third in transaction volumes, according to the Bank of America's July Global Financial Superintendent's research report, announced Tuesday, July 15. Bitcoin News. The most important market is that of “long-tech stocks” based on “long-term ESG”. “Long-term sales” fell to fourth place in the industry over the past month. The survey found that compared to the previous year, financial executives polled in July were less optimistic about growth, recovery and inflation. Overall, 74% of money managers still expect growth and inflation to "go beyond the gap". At the same time, according to bank data, Bank of America has set up a cryptocurrency research team. Recently, the Bank of America also released a statement stating that digital advantages could "spur economic growth in developed countries." Note: The Global Financial Institutions Survey is a monthly report by the Bank of America Securities Company that examines the opinions of approximately 200 organizations, partnerships, and affiliates.
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