Call 800 665 0411 to learn about our services

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS

Share on StockTwits

Cryptocurrency sentiments lowest in 12 months, down 8% quarter-on-quarter in Q2 2022, says GlobalData


July 7, 2022 ( Newswire) Business sentiment towards cryptocurrencies as a theme declined by 8% in Q2 2022* verses Q1 2022, according to the Company Filings Analytics Database by GlobalData. The leading data and analytics company notes that crypto's sentiments have been on the downtrend since Q4 2021.

As part of its research, GlobalData analysed the company filings of over 34,000 publicly listed companies worldwide, and analysed cryptocurrencies as a theme in earnings call transcripts. The database also includes both quarterly and annual reports, IPO filings, event presentations, and ESG filings.

Rinaldo Pereira, Business Fundamentals Analyst at GlobalData, comments: "Crypto assets have been hit of late, with prices having lost considerable value due to the high volatility of the market. Corporate sentiment has reached the lowest point in 12 months. Investors seem concerned about the risks due to inflation and rising interest rates, and corporates are likely to follow suit."

GlobalData's research also involved searching filings that mentioned cryptocurrency for further keywords to discover if any associations could be made between these words and the negative sentiment.

Pereira continued: "The decline in crypto-related sentiment was largely driven by negativity around 'Price'** and 'Fluctuations', as firms that have already invested heavily in crypto are naturally concerned about their profit margins. Corporates were typically neutral in their discussions around crypto investment, however, with many mentioning a rapidly evolving crypto environment, while others mentioned the impact that crypto's high volatility had on performance."

However, GlobalData notes that the drop in crypto sentiment was not as bad as it could have been due a general optimism around 'Digital Assets' and 'Investment'.

Research by GlobalData also identified a drop of 5% in cryptocurrency-related job postings between January 2022 and May 2022. The dip highlights a likely slowdown in new hiring amid macroeconomic pressures.

Sherla Sriprada, Business Fundamentals Analyst at GlobalData, adds: "Crypto markets have recently been on a downtrend amid inflation issues with investors taking a step back from the market. This is likely affecting jobs as well, as companies may be forced to lay off employees and reduce their workforce."

* Until 2 June

** 'Price' and related keywords such as prices, aggregate purchase price, price risk, low prices, and pricing

For more information

To gain access to our latest press releases: GlobalData Media Centre

Analysts available for comment. Please contact the GlobalData Press Office:

EMEA & Americas: +44 (0)207 832 4399
Asia-Pacific: +91 40 6616 6809

Notes to Editors

Quotes provided by Rinaldo Pereira and Sherla Sripada, Business Fundamentals Analysts at GlobalData

Information is based on GlobalData's Company Filings Analytics Database.

GlobalData Company Filings Analytics Database provides near real-time analysis of quarterly & annual reports, earnings call transcripts, IPO filings, event presentations and ESG filing trends for publicly listed companies globally

About GlobalData

4,000 of the world's largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData's unique data, expert analysis and innovative solutions, all in one platform. GlobalData's mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.

More Info: Newswire

This news is published on the Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: Learn more about publishing your news release and our other news services on the newswire and

Global investors must adhere to regulations of each country. Please read privacy policy:

Follow Us on StockTwits

News and Research for Bitcoin, Blockchain, Digital Currency Stocks and ICO's

Get more Bitcoin, Blockchain, Digital Currency stock investor ideas - news, articles, podcasts and stock directories

Buy a crypto guest post on