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JPMorgan Chase: A record $78 billion expected to enter the crypto market in 2024
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2025-01-05 10:01 5,473
Golden Finance reported that JP Morgan global market strategists said in a report that 2024 will be a critical year for digital assets with the help of Trump’s victory, with a record $78 billion expected to enter the crypto market. This capital inflow includes several key components: $27 billion in net crypto fund inflows, $14 billion invested in CME futures, $14 billion raised by crypto venture capital funds, $22 billion in Bitcoin purchased by MicroStrategy, Bitcoin miners Purchased another $1 billion in Bitcoin. In other words, MicroStrategy’s Bitcoin purchases alone accounted for 28% of last year’s record capital inflows into the crypto market.
Keywords: Bitcoin
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