JPMorgan Names Cryptocurrencies as Macro Asset Class, Signaling Shift to Institutional Dominance

JPMorgan has declared cryptocurrencies a tradable macro asset class, signaling a significant shift towards institutional liquidity and a move away from retail speculation. This designation underscores the growing influence of institutional investors in the crypto market, impacting price stability and dynamics. The bank cites increasing institutional participation as driving long-term price discovery and a transition away from short-term volatility driven by retail investors.