Wall Street bank JPMorgan is striking a constructive tone on crypto despite the plunge so far this year, arguing that institutional inflows and regulatory clarity could underpin the next leg higher for digital assets.
“We are positive in crypto markets for 2026 as we expect a further rise in the digital asset flow but more led by institutional investors,” analysts led by Nikolaos Panigirtzoglou, said in the Monday report.
The optimism comes despite the recent sharp correction, which dragged bitcoin below the bank’s estimated production cost, a level that has historically acted as a soft price floor. The world’s largest cryptocurrency was trading around $66,300 at the time of publication.
Crypto markets have endured a steep…
