ChainCatcher reports that, according to CoinDesk, JPMorgan analysts are optimistic about the cryptocurrency market in their latest report, despite a significant market correction. The analysts believe that inflows of institutional investor funds and regulatory clarity will support the next upward cycle in the digital asset market.
The report states that the production cost of Bitcoin has fallen to approximately $77,000. Although the current trading price is around $66,300, below this level, the bank believes this dynamic will eventually correct itself.
At the same time, Bitcoin’s relative attractiveness compared to gold has increased, as gold has recently outperformed Bitcoin, but its volatility has significantly risen. JPMorgan expects that further U.S. crypto legislation, such as the Clarify Act, will provide the necessary clarity for institutional participation, thereby driving market recovery.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
JPMorgan is optimistic about the 2026 crypto market, expecting institutional funds to drive a recovery
ChainCatcher reports that, according to CoinDesk, JPMorgan analysts are optimistic about the cryptocurrency market in their latest report, despite a significant market correction. The analysts believe that inflows of institutional investor funds and regulatory clarity will support the next upward cycle in the digital asset market.
The report states that the production cost of Bitcoin has fallen to approximately $77,000. Although the current trading price is around $66,300, below this level, the bank believes this dynamic will eventually correct itself.
At the same time, Bitcoin’s relative attractiveness compared to gold has increased, as gold has recently outperformed Bitcoin, but its volatility has significantly risen. JPMorgan expects that further U.S. crypto legislation, such as the Clarify Act, will provide the necessary clarity for institutional participation, thereby driving market recovery.