crypto for all
Join
A
A

How JPMorgan Envisions The Future Of Bitcoin And Cryptos In 2025

Sun 20 Oct 2024 ▪ 3 min read ▪ by Mikaia A.
Getting informed Invest

Crypto continues to gain ground in traditional finance, despite often marked fluctuations. Now, the major players on Wall Street are taking a close interest in it. Among them, JPMorgan, which has just unveiled its forecasts for 2025: a bright future for Bitcoin and digital assets. This shift is based on various factors, ranging from regulatory changes to geopolitical tensions that encourage investors to diversify their holdings.

Traders jouant avec des bulles sous un soleil Bitcoin

Why JPMorgan is betting on crypto

According to JPMorgan, which announced an imminent recovery of the crypto market last July, cryptocurrencies could thrive, notably thanks to a potential return of Donald Trump to the White House. Analysts believe such a victory would strengthen the “debasement trade”—a trend where investors turn to alternative assets such as gold and Bitcoin during periods of economic instability.

In addition to this, initiatives from the traditional sector, such as Morgan Stanley’s recommendation of Bitcoin ETFs, support this market. Other positive signals include:

  • The major liquidations linked to the bankruptcies of Mt. Gox and Genesis are largely behind us;
  • The capitalization of stablecoins is once again approaching 180 billion dollars, its previous peak;
  • The cash payments from the FTX scandal, expected by 2025, could boost crypto investments.

Bitcoin at the heart of forecasts

Despite uncertainties, the price of Bitcoin benefits from the current momentum. Its current price is around 67,000 dollars, above the production cost estimated by JPMorgan, which is at 47,000 dollars. This differential attracts speculators, especially as volatility-adjusted comparisons between Bitcoin and gold place BTC at about 63,000 dollars.

JPMorgan also notes that the growing adoption of regulations on stablecoins could play in favor of cryptos. However, some gray areas remain, notably regarding the timeline of US legislation on this subject.

However, beginners will have to test the waters before diving in, but AI cryptos and memecoins deserve their attention, as they are in full swing.

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.



Join the program
A
A
Mikaia A. avatar
Mikaia A.

La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.