JPMorgan Analysts say that with the US elections approaching, Donald Trump’s victory will lead to Bitcoin 
$72,362He claimed that it could further increase interest in . This phenomenon, which they call “depreciation trading”, is used by individual investors. Bitcoin Stating that there is an increasing demand for gold and gold ETFs, analysts emphasized that net inflows into Bitcoin ETFs reached 4.4 billion dollars in October.
Institutional Investors on Hold on Bitcoin and Gold Futures
This increase in net inflows is explained by the fact that individual investors, in particular, are looking for alternative assets against the depreciation of currencies. According to JPMorgan’s report, only in the last two days Bitcoin ETFThere was an inflow of 1.3 billion dollars. Individual investor interest in alternative assets played a major role in this demand reaching the third highest monthly inflow level.
On the other hand, the report states that institutional investors Bitcoin futuresIt has been stated that there has been a tendency to pause in recent weeks. In the analysis based on open interest changes in Chicago Mercantile Exchange (CME) Bitcoin futures, it was stated that Bitcoin reached an “overbought” status in the futures market. Pointing out that this situation may create fragility in the price of Bitcoin, JPMorgan analysts stated that a similar stagnation was also seen in gold futures.
For individual investors gold It is observed that his interest in ETFs continues, while institutional investors stay away from gold futures. According to analysts, if Trump is re-elected as president, it is possible that interest in risky assets and “depreciation trading” will increase. It is predicted that this scenario may have an upward impact on Bitcoin and gold prices.
Expectations for the Cryptocurrency Market are Positive for 2025
JPMorgan analysts, cryptocurrency market It drew a positive picture for 2025. Another report published last month discussed factors such as the growth of depreciation trading and the impact on the market of the possibility of Trump returning to the presidency. These predictions of analysts, combined with the increasing interest of individual investors, reveal a promising picture for the future of cryptocurrencies.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
