Towards a new bullish cycle? JPMorgan paves the way for cryptos as collateral

The cryptocurrency market could experience a decisive turning point following JPMorgan's announcement: the renowned American bank is now considering accepting cryptos as collateral for granting institutional loans.

This decision marks a historic shift in the attitude of major banks towards digital assets. Specifically, this means that institutions will be able to deposit cryptos such as BTC$, ETH$ , or stablecoins as collateral to borrow in fiat currency.

This strong signal reinforces the legitimacy of crypto-assets in traditional financial circuits. In the short term, this could encourage more investments in cryptos while reducing selling pressure, as holders can borrow without liquidating their positions.

If this initiative expands to other banks, a bullish wave could be triggered, with BTC$ leading the way.

#Crypto

#Bitcoin

#BTC

#JPMorgan

#TraditionalFinance