Well, surely this is a sign that the end is near. After years of loudly trashing cryptos, JPMorgan put out a sheep call this AM that is classic Wall Street.
And we do mean trashing. Jamie Dimon infamously warned that he would “fire in a second” any JPM trader who touched the bitcoin. “If you’re stupid enough to buy it, you’ll pay the price for it one day,” he said at the time.