JPMorgan: No Crypto Winter, Stablecoins Thrive

JPMorgan analysts express optimism about Bitcoin and digital currencies, despite recent price drops. They dont foresee a crypto winter and highlight the resilience of stablecoins, which saw a seventeenth consecutive month of increased total volume. Other banks, like Standard Chartered, share this positive outlook, attributing it to potential looser monetary policy from the Federal Reserve.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.