Coinbase: Majority of Institutional Investors Believe Bitcoin Is Undervalued in the $85K to $95K Range

BlockBeats News, January 26th, Coinbase stated in its released "Charting Crypto Q1 2026 Report" that about 70% of institutional investors believe that Bitcoin is undervalued in the $85,000 to $95,000 range. The report shows that Coinbase surveyed 75 institutional investors and 73 retail investors from early December 2025 to early January 2026. Among them, 71% of institutional investors and 60% of retail investors believe that Bitcoin is currently undervalued; about 25% of institutional investors think its valuation is fair, with only 4% considering it overvalued. During the survey period, the price of Bitcoin fluctuated mostly within the $85,000 to $95,000 range.

Coinbase pointed out that since Bitcoin hit a record high of around $126,000 in October 2025, the price has fallen by more than 30%, performing significantly worse than precious metals such as gold and silver, as well as the US stock market. Influenced by geopolitical tensions, tariff uncertainties, and other factors, the cryptocurrency market sentiment remains cautious. In terms of investment behavior expectations, 80% of institutional investors stated that if the market were to drop by 10% again, they would choose to continue holding or buy the dip; over 60% of surveyed institutions claimed that they have maintained or increased their cryptocurrency allocation since October.

Furthermore, 54% of institutions believe that the current market is still in the "accumulation phase" or a bear market range. Coinbase also expects that the Federal Reserve may cut interest rates twice in 2026, totaling 50 basis points, to provide macro support for risk assets, including cryptocurrencies.