JP Morgan Warns of Possible Downturn in Crypto Markets as Futures Demand Falls
JPMorgan analysts have issued a cautionary outlook on the crypto markets. They predict a potential downturn as institutional demand for CME bitcoin and ether futures declines. Recent statistics reveal that the overall crypto market dropped by 15%, falling from its peak of $3.72 trillion on December 17 to approximately $3.17 trillion. This significant correction reflects broader concerns regarding market stability and investor confidence. With institutional involvement at risk, how should retail investors navigate these troubled waters?