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JPMorgan's Institutional Crypto Push May Benefit Coinbase and Rivals

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JPMorgan is set to offer crypto trading to institutional clients, a move that could boost Coinbase, Bullish, and Galaxy Digital. Owen Lau of ClearStreet says the bank’s entry may strengthen crypto trading strategies and expand support and resistance levels for the sector. He added that other banks may follow, with Coinbase and Bullish likely to gain from institutional order flow and broader distribution.
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