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JP Morgan Chase to accept Bitcoin as collateral for institutional loans, signaling growing crypto adoption.

Market News
02 May 2026, 02:07 WIB
Crypto Briefing
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Bullish
JP Morgan Chase to accept Bitcoin as collateral for institutional loans, signaling growing crypto adoption.

JP Morgan Chase announced it will accept Bitcoin and Ethereum as collateral for institutional loans, including mortgages, marking a major shift in its approach to cryptocurrencies. This move follows regulatory changes allowing banks to engage more with digital assets under strict rules. The pilot targets high-net-worth clients and hedge funds, indicating growing institutional acceptance. While this supports long-term Bitcoin growth, market pricing shows cautious optimism about Bitcoin reaching $200,000 by the end of 2026.

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