8% of (American) people have a positive view, 43% have a negative view. The rest don't care or are neutral. So although not a majority, it's pretty close.
"Negative views on crypto come at the same time as the public has soured on stocks. Just 26% say now is a good time to invest in equities, down two points from last quarter's survey and the most pessimistic level registered in the 15-year history of the survey. 51% say it's a bad time to invest, the third highest in the survey's history, bested only by the downbeat results of the prior two surveys."
Often done in media due to a bias they are attempting to confirm. Almost all financial assets are down, and not appealing to retail investors. Negative news gets clicks.
25% --> 45% since March. I'd be interested in seeing how those numbers fit into the context of longer term sentiment (eg. over the course of several years). I wonder how much it fluctuates year to year and what degree the emotion reflected in those surveys is influenced by prices at any given time (eg. inclination to be more upbeat when prices are going up).
"Negative views on crypto come at the same time as the public has soured on stocks. Just 26% say now is a good time to invest in equities, down two points from last quarter's survey and the most pessimistic level registered in the 15-year history of the survey. 51% say it's a bad time to invest, the third highest in the survey's history, bested only by the downbeat results of the prior two surveys."
It's an example of Base-Rate neglect.
https://en.wikipedia.org/wiki/Base_rate_fallacy
Often done in media due to a bias they are attempting to confirm. Almost all financial assets are down, and not appealing to retail investors. Negative news gets clicks.