JPMorgan Says Crypto Winters May Be Over Amid Bitcoin's November Dip

iconCryptofrontnews
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

According to Cryptofrontnews, JPMorgan analysts stated that Bitcoin’s November dip to $81,000 did not signal the start of a new crypto winter. The decline, which marked a 9% year-to-date drop, was described as a corrective move rather than a structural decline. The analysts noted that stablecoins continued to grow for the 17th consecutive month, showing resilience amid broader market contraction. They also observed that Bitcoin’s traditional four-year cycle is shifting due to ETF flows and institutional demand, reducing the risk of deep retracements. Standard Chartered echoed similar views, with Geoffrey Kendrick citing looser Federal Reserve policy and slower Bitcoin ETF inflows.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.