A famous digital currency will surpass #Bitcoin in 2024... and #Solana is leaping beyond the marketđâ
_Along with their âcautiousâ outlook for the industry next year, JPMorgan (NYSE:JPM) expects #Ethereum.to.outperform.Bitcoin in 2024. Furthermore, they have announced their predictions though that the upcoming Bitcoin halving event will reduce the number of digital currencies in circulation. #JPMorgan highlighted âexcessive optimismâ as working against Bitcoin in the year ahead. Additionally, the organization's analysts note that the aforementioned halving event is "largely priced" according to the current value of the asset. Therefore, they do not expect huge gains over the next year.
JPMorgan Not Enthusiastic About Bitcoin's Future in 2024 Throughout most of 2022 and the early parts of the following year, Bitcoin faced many challenges. The entire industry suffered from a crypto winter that saw a host of concerns.
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