Expert Foresees Significant Bitcoin Drop Amid JPMorgan CEO’s Warning of Parallels to 2008 Financial Crisis

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Bitcoin’s value has seen a decline, and it is not the only cryptocurrency facing this downturn. The entire crypto market has experienced a drop, mirroring the trends observed in other risk assets. Heightened uncertainty regarding U.S. tariffs has negatively impacted investor confidence, leading to a simultaneous decrease in both cryptocurrencies and stock markets. Furthermore, JPMorgan’s CEO highlighted that artificial intelligence poses significant disruptions to various sectors. Analysts suggest that Bitcoin’s current trading patterns are more closely aligned with general market sentiment rather than its intrinsic fundamentals, which amplifies potential risks for further declines.

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