Coinbase survey: 71% of institutional investors believe that Bitcoin is undervalued

The Coinbase Q1 2026 Cryptocurrency Chart report shows that 71% of institutional investors and 60% of independent investors believe that Bitcoin is undervalued in the $85000 to $95000 range, 25% of institutions believe its valuation is reasonable, and only 4% believe it is overvalued. The current price of Bitcoin is $87600, down more than 30% from its historical high of $126080 in October. A survey shows that 80% of institutional investors say they will hold or increase their holdings if the cryptocurrency market falls another 10%, and over 60% of institutions have held or increased their positions since October. Coinbase expects the Federal Reserve to cut interest rates twice in 2026.