JPMorgan Chase: A record $78 billion is expected to enter the crypto market in 2024, 28% of which will come from MicroStrategy's Bitcoin purchases

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PANews
01-05
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PANews reported on January 5 that, according to Bitcoin News, a Morgan Stanley global market strategist said in a report that with the help of Trump's victory, 2024 will be a critical year for digital assets, with an estimated record $78 billion flowing into the crypto market. This capital inflow includes several key components: $27 billion in net inflows to crypto funds, $14 billion invested in CME futures, $14 billion raised by crypto venture capital funds, $22 billion in Bitcoin purchased by MicroStrategy, and $1 billion in Bitcoin purchased by Bitcoin miners. In other words, MicroStrategy's Bitcoin purchases alone account for 28% of last year's record crypto market capital inflow.

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