PANews reported on January 26th that, according to Cointelegraph, Coinbase stated in its "Charting Crypto Q1 2026 Report" that approximately 71% of the 75 institutional investors surveyed believed that Bitcoin was undervalued when its price was between $85,000 and $95,000. The survey was conducted from December of last year to early January of this year, during which time Bitcoin's price generally fell within this range.

The report points out that since the sharp market correction last October, cryptocurrency prices have been consolidating or declining, with Bitcoin currently down about 30% from its all-time high. Despite the lack of significant improvement in market sentiment, 80% of surveyed institutions indicated they would hold or increase their cryptocurrency holdings if the market fell another 10%, demonstrating long-term confidence. Meanwhile, traditional safe-haven assets such as gold and silver have seen significant price increases. The report believes that despite geopolitical uncertainties, the robust fundamentals of the US economy and market expectations that the Federal Reserve may cut interest rates twice in 2026 could provide further support for risk assets such as cryptocurrencies.