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  3. JPMorgan Turns Cautious on Crypto as Clarity Act Odds Slip Lower
1 week ago

JPMorgan Turns Cautious on Crypto as Clarity Act Odds Slip Lower

AnalysisbitcoinCLARITY Actcrypto regulationcryptocurrencyDigital AssetsInstitutional InvestorsJPMorganMicroStrategy

TLDR: JPMorgan shifted from a positive crypto stance to caution amid regulatory and market concerns. The bank expects institutional investors to remain the primary source of future crypto inflows. Analysts estimate less than a 50% chance of the Clarity Act passing before key elections. JPMorgan still sees long-term Bitcoin upside despite current weak sentiment and [...]

The post JPMorgan Turns Cautious on Crypto as Clarity Act Odds Slip Lower appeared first on Blockonomi.

Source: Blockonomi →

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