A recent survey by JPMorgan focusing on institutional traders revealed that over 70% of respondents have no intention to trade cryptocurrencies this year, with the percentage slightly decreasing from 78% in 2024.
However, the number of traders interested in engaging with crypto has risen, with 16% of participants planning to trade digital assets and 13% already active in the space.
Despite this, all participants in the survey expressed their intention to increase online or e-trading activity, especially in less liquid assets. This shift in focus comes amid a more favorable regulatory landscape for digital currencies in the U.S. following significant changes at financial agencies.
While the institutional interest in crypto remains modest, inflation and tariffs are expected to be major concerns for the markets in 2025, followed by increasing geopolitical tensions. Market volatility was flagged as the biggest challenge for traders, with a noticeable increase in concern compared to the previous year.
The survey, which included 4,200 participants across 60 locations, was conducted between January 9 and 23. In addition to trading trends, signals have emerged indicating that the U.S. government is softening its stance on crypto, with the SEC scaling back its enforcement actions.
Further, a potential sovereign wealth fund, as directed by former President Trump, might include Bitcoin investments. Meanwhile, U.S. officials are looking to bring stablecoins under domestic control to bolster the dollar’s dominance, both in international markets and digital spaces.
The crypto market remains firmly in “Greed” territory, with CoinMarketCap’s Fear & Greed Index clocking in at 69/100 on July 19. Despite a modest 24-hour dip from 71, the index has now held above 60 for 11 consecutive days.
The crypto industry saw major advancements this past week across DeFi, NFT, Layer 2, and AI-powered platforms.
Cryptocurrency exchange Bullish, backed by billionaire investor Peter Thiel, has officially filed for an initial public offering (IPO), marking a major step toward entering the public markets.
With President Trump officially signing the GENIUS Act into law, the regulatory landscape for stablecoins in the U.S. has entered a new phase—prompting major reactions from the industry’s top players.