🇺🇸🤔 JPMorgan has turned #bullish on the #crypto market for 2026, citing institutional inflows and clearer regulations as key drivers for recovery. Analyst Nikolaos Panigirtzoglou noted that Bitcoin, after falling below its estimated production cost of $77,000, is nearing a new equilibrium, with miner capitulation helping the market self-correct in the medium to long term. As the U.S. moves towards more #crypto legislation, including the Clarity Act, institutional investors are expected to play a #major role in driving digital asset inflows in 2026. #crypto
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🇺🇸🤔 JPMorgan has turned #bullish on the #crypto market for 2026, citing institutional inflows and clearer regulations as key drivers for recovery. Analyst Nikolaos Panigirtzoglou noted that Bitcoin, after falling below its estimated production cost of $77,000, is nearing a new equilibrium, with miner capitulation helping the market self-correct in the medium to long term. As the U.S. moves towards more #crypto legislation, including the Clarity Act, institutional investors are expected to play a #major role in driving digital asset inflows in 2026. #crypto