JP Morgans Outlook for 2025 Cryptocurrency Prospects Trump Policies and FTX Capital Inflows as Drivers

According to The Block, as global geopolitical tensions rise, especially with the upcoming US presidential election, investors are seeking safe-haven assets to hedge against economic uncertainty. JPMorgan states that Bitcoin and gold will be the primary beneficiaries of a “debasement trade” as they are seen as alternatives to hedge against the devaluation of the US dollar and are considered to have properties of “value storage.” However, Ethereum may not be favored due to its lack of this property, as its value fluctuation comes more from the development of its ecosystem rather than pure hedging demand.