JPMorgan Highlights Trump’s Impact on Bitcoin and Gold Demand

CoinMarketCap08:04

The JPMorgan analysts think that the victory of Donald Trump in the US Presidential Election might trigger a retail demand for Bitcoin and gold, pushing them up. It seems that an increasing number of ...

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It seems that an increasing number of ...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/67256ca6fec813121c1e3773/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0238689110.USD","symbol_name":"贝莱德环球动力股票基金","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/67256ca6fec813121c1e3773/","article_id":"2480217893","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/89a173a719e948ba9073674f3487fd60.webp"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480217893","pubTimestamp":1730505891,"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"The JPMorgan analysts think that the victory of Donald Trump in the US Presidential Election might trigger a retail demand for Bitcoin and gold, pushing them up. It seems that an increasing number of these retail investors would be interested in these assets while the institutional investors seem to have no love lost for market dynamics.JPMorgan’s managing director, Nikolaos Panigirtzoglou, said his team reported the consequences a possible Trump victory may have for assets traditionally treated as hedges against inflation and currency debasement, such as Bitcoin and gold. According to analysts, the so-called “debasement trade” is gaining steam among retail investors, where buyers seek investments in assets expected to retain value as fiat currencies lose purchasing power. As part of the approach, some are big-time buyers of Bitcoin and gold ETFs.Although JPMorgan continues to be actively working with blockchain technology and already offers crypto-related products in the form of ETFs,","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0238689110.USD":"贝莱德环球动力股票基金","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4534":"瑞士信贷持仓","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0496365809.HKD":"TEMPLETON GLOBAL INCOME \"A\" (HKD) INC (Q)","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4581":"高盛持仓","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","COIN":"Coinbase Global, Inc.","LU1032466523.USD":"高盛全球多资产收益组合Acc","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE00BYXW3230.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"AA\" (USD) ACC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4588":"碎股","IE0034235295.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"A\" (USD) ACC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","LU":"陆金所","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","BK4566":"资本集团","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","JPM":"摩根大通","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4550":"红杉资本持仓","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU0683600562.USD":"AB SELECT US EQUITY \"A\" (USD) ACC","LU0882574139.USD":"富达环球消费行业基金A ACC","BK4585":"ETF&股票定投概念","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0106831901.USD":"贝莱德世界金融基金A2","BK4207":"综合性银行","IE00BHPRN162.USD":"BNY MELLON BLOCKCHAIN INNOVATION \"B\" (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","BK4516":"特朗普概念","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4594":"比特币ETF概念","LU0211326755.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) ACC","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC"},"translate_title":"摩根大通强调特朗普对比特币和黄金需求的影响","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JPM":1,"COIN":0.7,"LU":0.6},"content_text":"The JPMorgan analysts think that the victory of Donald Trump in the US Presidential Election might trigger a retail demand for Bitcoin and gold, pushing them up. It seems that an increasing number of these retail investors would be interested in these assets while the institutional investors seem to have no love lost for market dynamics.\n\nBitcoin and Gold in Increasing Demand\nJPMorgan’s managing director, Nikolaos Panigirtzoglou, said his team reported the consequences a possible Trump victory may have for assets traditionally treated as hedges against inflation and currency debasement, such as Bitcoin and gold. According to analysts, the so-called “debasement trade” is gaining steam among retail investors, where buyers seek investments in assets expected to retain value as fiat currencies lose purchasing power. As part of the approach, some are big-time buyers of Bitcoin and gold ETFs.\n\nThe report further notes that alone, the retail investors contributed to Bitcoin ETFs the sum of $1.3 billion within just two days, hence inflowing October at $4.4 billion, the third-highest inflow month since January. Other than the mainstream assets, retail investors claim to have been very active in “meme and AI tokens,” which realized market cap increases that would outstrip the expectations of most investors.\nInstitutional Investors Remain Cautious\nRetail is still driving the demand, and institutional investors are more restrained. According to the analysts at JPMorgan, Bitcoin futures have been “overbought” and that has been more of an area of institutional interest. The near-term vulnerability could be increased in this case since overbought assets tend to make corrections more likely. It appears that the institutional investor does not want to enter at these levels because it is concerned with how long prices can keep going, given the quick inflow of the retail investor.\nIn like manner, while retail investors seem bullish on the gold ETF, institutional interest in gold futures has stalled. The divergence between retail bullishness and institutional caution could thus suggest that there may be contrasting views on the stability these assets will offer in periods of economic uncertainty.\nJamie Dimon’s Bitcoin Warning\n\nDespite the seeming adoption of blockchain-based ventures and even cryptocurrency-linked financial products through JPMorgan, bitcoin itself remains an outright critic by the bank’s CEO, Jamie Dimon. Dimon has long been scathing of Bitcoin, going as far as to pronounce it worthless and associating it with nefarious practices. In a recent interview, Dimon restated his position, saying that he could not see much value in Bitcoin and, if he were in some government position, would actually want more stringent regulation.\nAlthough JPMorgan continues to be actively working with blockchain technology and already offers crypto-related products in the form of ETFs, Dimon’s harsh words reflect one of the biggest opinion chasms between the two groups within the institution. Though the bank continues to control new opportunities with digital assets tightly because of their growing popularity, Dimon himself remains unconvinced by the long-term investment opportunities presented by Bitcoin.\nLooking forward, JPMorgan’s analysts believe that economic uncertainty and fingering inflationary concerns, along with retail trading momentum, will provide support to cryptocurrency markets well into 2024. More momentum will come with a Trump win, bringing more retail investors into Bitcoin and gold as hedges against economic instability. Institutional investors caution, however, which signals volatility in the cryptocurrency and gold markets.\nStay connected with TurkishNY Radio by following us on Twitter and LinkedIn, and join our Telegram channel for more news.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480217893"}