JPMorgan Chase: It is estimated that a record $78 billion will enter the cryptocurrency market in 2024
The global market strategist at JPMorgan stated in a report that, with the help of Trump's election victory, 2024 is a crucial year for digital assets. It is expected that a record-breaking $78 billion will enter the crypto market. This capital inflow includes several key parts: net inflows of $27 billion into crypto funds, $14 billion invested in CME futures, $14 billion raised by crypto risk investment funds, and Bitcoin worth $22 billion purchased by MicroStrategy and another $1 billion bought by Bitcoin miners. In other words, just the amount of Bitcoin purchased by MicroStrategy accounted for 28% of last year's record-breaking capital inflow into the crypto market.
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