BlockBeats news, September 6, JPMorgan Chase (JPM) said in a research report on Friday that as of the end of last month, the total market value of the cryptocurrency market was US$2.02 trillion, down 24% from the peak in March, and said that the market is waiting for the next catalyst and “enhanced retail participation.”
“Overall, we continue to believe that the crypto ecosystem lacks a major catalyst, and therefore we expect crypto tokens and asset prices to become more sensitive to macro factors,” said a team of analysts led by Kenneth Worthington.
