JPMorgan Analyst: Optimistic about the prospects of digital assets in 2025

In the latest report, JPMorgan analysts expressed optimism about digital assets in 2025, mainly due to the rise of "devaluation trading". As geopolitical tensions escalate and the U.S. election approaches, investors may turn to gold and Bitcoin to hedge against economic instability. The report also mentioned that factors such as the approval of spot Bitcoin ETFs, near completion of bankruptcy liquidation in the crypto market, and potential cash inflow from FTX bankruptcy will all drive growth in the digital asset market.