RWA JPMorgan analysts note that the ‘currency devaluation trade’ driving Bitcoin demand is losing momentum faster than expected. The shift comes as global economic uncertainties ease, reducing the appeal of Bitcoin as a hedge against fiat depreciation.
JPMorgan analysts note that the ‘currency devaluation trade’ driving Bitcoin demand is losing momentum faster than expected. The shift comes as global economic uncertainties ease, reducing the appeal of Bitcoin as a hedge against fiat depreciation.