JPMorgan Upgrades Crypto Outlook, Reverses Earlier Criticism Amid Bitcoin Price Surge
• JPMorgan has changed its view and now sees cryptocurrency prices sustaining and improving • This reverses earlier critical comments about crypto from JPMorgan CEO Jamie Dimon • JPMorgan upgraded Coinbase's rating amid the Bitcoin price surge • The bank now sees higher crypto prices boosting Coinbase's earnings • JPMorgan previously found 78% of institutional investors uninterested in crypto