$ADA JPMorgan: U.S. Strategic Crypto Reserve Faces Congressional Hurdles, XRP, SOL, and ADA Inclusion "Difficult"
AI Summary
Key Takeaways:
JPMorgan assigns less than a 50% chance of a U.S. strategic crypto reserve gaining congressional approval.
Inclusion of XRP, Solana (SOL), and Cardano (ADA) would be difficult due to risk and volatility concerns.
Market skepticism remains high, with crypto ETFs experiencing record outflows, intensifying downward pressure on Bitcoin and altcoins.
