JPMorgan Predicts New Crypto Legislation Could Spark Bitcoin (BTC) Rally

Bitcoin (BTC) has been experiencing a period of consolidation, but analysts at JPMorgan suggest upcoming regulatory legislation could act as a major catalyst. The banking giant notes that clear regulatory frameworks in key markets, particularly the United States, could reduce uncertainty and attract institutional capital. This potential shift is seen as a pivotal moment that might ignite the next significant upward move for the leading cryptocurrency, despite its current stagnant trading range. The focus is on pending bills that aim to provide clarity for digital asset markets.