JPMorgan: Bitcoin’s Dominance Over Ether Will Continue This Year BuzzFeed Newsline On Jan 18, 2025 0 According to analysts at JPMorgan, Bitcoin’s dominance is expected to persist through 2025. In a report released Wednesday, analysts led by managing director Nikolaos Panigirtzoglou said they expect Bitcoin’s supremacy over Ethereum and other alternative tokens to be maintained due to several factors. Currently, Bitcoin holds about 55% of the market share, with a price close to $100,000. Analysts outlined several key elements that could contribute to Bitcoin’s continued dominance, including the fact that its narrative as a gold-like digital asset has attracted significant investment in Bitcoin ETFs or that MicroStrategy’s plan to acquire Bitcoin for $42 billion is only half complete, which could further boost the crypto’s popularity. READBlockstream CEO: The Crypto Market is Antifragile
Comments are closed.