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 [...]
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