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The post JPMorgan Says Bitcoin Will Keep Leading Crypto Market appeared first on Coinpedia Fintech News
JPMorgan Chase warned Ethereum and other altcoins are unlikely to outperform Bitcoin anytime soon. In a May 14 client note, analysts cited Ethereum’s weak network activity, slow DeFi growth, and limited real world adoption since 2023. Bitcoin continues attracting stronger ETF inflows while more holders move coins into long term storage. JPMorgan also pointed to rising selling pressure on Ethereum despite upcoming upgrades like Glamsterdam. The bank believes Bitcoin’s growing dominance near 60% strengthens its position as crypto’s leading store of value globally.
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