JPMorgan sees one clear winner in crypto right now
From thestreet.com
A trend that has defined crypto markets since 2023 is still firmly in place, according to JPMorgan — and nothing on the horizon looks strong enough to break it. Analysts led by managing director Nikolaos Panigirtzoglou said in a new report that Bitcoin continues to outperform Ether and altcoins across nearly every institutional metric, even as the broader crypto market rebounds from the selloff tied to the Iran conflict earlier this year. "And this underperformance trend that started in 2023 is unlikely to change unless we see meaningful improvements in network activity, DeFi and real world applications," the ...
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