JPMorgan’s S&P 500 Prediction Could Rally Crypto Market and These New Cryptos
JPMorgan sees the S&P 500 climbing by a high single-digit percentage in a year, thanks to strong corporate earnings and big firms brushing off tariff worries.
US growth forecasts have dipped from 2.3% to 1.5%, but the S&P 500 index is up 28% in four months.
This suggests broader investor confidence is returning, and strategic investors are now stacking positions in cryptocurrencies, with new contenders like $HYPER and $MAXI set to surge.
Why JPMorgan Expects the S&P 500 to Keep Climbing
JPMorgan’s bullish view on the S&P 500 stands on three key pillars.
To begin with, corporate earnings are solid, and 82% of S&P 500 companies have beaten expectations in Q2. Besides, analysts have also lifted full-year growth…
