Bitget App
Trade smarter
MarketsTradeFuturesEarnSquareMore
JPMorgan says Bitcoin is a risk indicator for investor sentiment

JPMorgan says Bitcoin is a risk indicator for investor sentiment

Cryptobriefing2025/12/02 20:51
By:Cryptobriefing

Key Takeaways

  • JPMorgan’s Jack Caffrey sees Bitcoin as a risk indicator.
  • The analyst finds it interesting when Bitcoin lags while gold rallies, questioning its “risk-free” status.

Jack Caffrey, JPMorgan’s portfolio manager, said Tuesday that Bitcoin is one of several risk indicators investors can watch to gauge market risk.

Speaking with CNBC’s Squawk Box this morning, he highlighted the recent divergence between Bitcoin and gold, noting that weeks of Bitcoin weakness alongside rallies in gold have raised questions about Bitcoin’s role as a “risk-free” asset.

The portfolio manager suggested multiple factors could explain the divergence, including whether “investors are looking at the prospect of a steeper yield curve supporting gold.”

“If I shift my focus to the equity market where I’m a little bit spending much more of my time. It’s certainly an interesting environment where you see leadership from interactive media names like say Alphabet and pharmaceutical names like Johnson and Johnson,” Caffrey said. “Like one is risk off and one is perceived as risk on…I think it speaks to some of the confusion investors are attempting to navigate as we come into year-end.”

JPMorgan has recently turned bullish on Bitcoin as a macro asset, introducing structured notes linked to Bitcoin ETFs. The bank plans to allow institutional clients to use Bitcoin and Ether as loan collateral by year-end.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Hyperliquid (HYPE) Price Fluctuations: Unraveling Blockchain Hazards and Institutional Confidence for 2025

- Hyperliquid (HYPE) dominates 73% of Perp DEX market share in 2025 through $5B TVL, BlackRock/Stripe partnerships, and 11% HLP returns despite security breaches. - Repeated 2025 security incidents ($4.9M POPCAT attack, $21M private key breach) triggered 20%+ price drops and $4B TVL decline amid liquidity flight. - Institutional trust persists as TVL/open interest grew post-March 2025, but circulating supply unlocks and Lighter/Aster competition threaten HYPE's $34 price stability. - Platform's success hin

Bitget-RWA2025/12/03 12:50
Hyperliquid (HYPE) Price Fluctuations: Unraveling Blockchain Hazards and Institutional Confidence for 2025

Strategic Property Investment in the Revitalization of the Former Xerox Campus: Infrastructure-Led Renewal in Webster, NY

- Webster , NY, is transforming its post-Xerox campus via $14.3M in state infrastructure grants for industrial upgrades and public-private partnerships. - Road, sewer, and electrical improvements reduced industrial vacancy to 2%, attracting $650M fairlife® dairy plant and 250 jobs. - Residential values rose 10.1% annually as NEAT corridor targets $1B in development by 2026 with $283M public-private investment. - Strategic infrastructure funding de-risks development, creating a scalable model for post-indus

Bitget-RWA2025/12/03 12:14
Strategic Property Investment in the Revitalization of the Former Xerox Campus: Infrastructure-Led Renewal in Webster, NY
© 2025 Bitget