Bitcoin Gains Ground, JPMorgan Sees $94,000 Support as DeFi Explodes

JPMorgan’s bullish projections on Bitcoin highlight a turning point in the crypto market. Their analysis predicts a stable price floor of $94,000 and anticipates a valuation of $170,000 for the cryptocurrency. This renewed institutional trust signals the shift towards recognizing digital assets as strategic investment tools. Veteran investors are focusing on DeFi opportunities for substantial returns, seeking projects with utility and innovative tokenomics. While Bitcoin offers stability, Mutuum Finance (MUTM) stands out as a prime example of high-growth potential in the decentralized finance space.