JPMorgan turns bullish on the 2026 crypto market, believing that institutional capital inflows and clearer regulations will drive industry recovery. The bank's analyst Nikolaos Panigirtzoglou pointed out that Bitcoin, after falling below its production cost of approximately $77,000, is approaching a new equilibrium range, and miner capitulation will help with medium- to long-term self-repair; at the same time, as the US may push forward with more crypto legislation including the Clarity Act, institutional investors are expected to become the main driving force behind digital asset capital inflows in 2026. (CoinDesk)

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