JPMorgan Chase: A record $78 billion is expected to enter the crypto market in 2024, with 28% of it coming from MicroStrategy’s Bitcoin purchases

PANews January 5 news, according to Bitcoin News, JPMorgan Chase global market strategists said in a report that with the help of Trump’s victory, 2024 will be a critical year for digital assets, with record-breaking sales expected. $78 billion entered the crypto market. This capital inflow includes several key components: $27 billion in net crypto fund inflows, $14 billion invested in CME futures, $14 billion raised by crypto venture capital funds, $22 billion in Bitcoin purchased by MicroStrategy, Bitcoin miners Purchased another $1 billion in Bitcoin. In other words, MicroStrategy’s Bitcoin purchases alone accounted for 28% of last year’s record capital inflows into the crypto market.