2 Reasons JPMorgan Predicts Crypto Will Keep Going Higher

·3 min read

Over the last seven months or so, the total cryptocurrency market cap has been cut by more than half. At one point in late June, crypto collectively lost nearly 65% of its value since the new year. The upswing seems to have been substantial enough for one of the world's leading financial service firms, JPMorgan Chase (NYSE: JPM), to believe that the asset class has bottomed out.