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🔸 What’s New in Crypto:
JPMorgan sees major upside potential for Bitcoin:
JPMorgan released a gloomy optimistic forecast, saying Bitcoin could surge to about $170,000 within the next 6 to 12 months.Their reasoning: when compared on a volatility adjusted basis with gold, Bitcoin’s risk/reward profile appears attractive though the path remains uncertain.
Recovery underway: Bitcoin & Ethereum rally amid rate cut hopes:
Bitcoin bounced back above $93,000, and Ethereum climbed toward $3,200 a rebound from recent dips.The surge is largely being fueled by market expectations that the U.S. Federal Reserve will cut interest rates soon, pushing investors toward risk assets like cryptocurrencies.
Momentum shift: Ethereum’s “Fusaka Upgrade” triggers renewed interest:
Ethereum’s Fusaka upgrade a major technical update has been completed successfully. This has sparked renewed buying interest in ETH over Bitcoin, per some market signals.The upgrade seems to have boosted optimism around altcoins and decentralized finance (DeFi) tokens tied to Ethereum’s network.
Regulatory & institutional moves shake up the landscape:
In Europe, the major exchange Deutsche Börse struck a partnership with crypto exchange Kraken bridging traditional finance and digital asset markets. The deal could open new doors for institutional crypto adoption and regulated derivatives trading.Meanwhile, in a crackdown against illicit crypto finance, Swiss and German authorities shut down a big crypto mixer service, disrupting crypto linked money laundering operations.
Who’s entering crypto? More women investors at least in India:
According to the latest report from CoinDCX, women’s participation in the crypto market in India has doubled year over year. Their top holdings include Bitcoin, Ethereum, and other major cryptos.This suggests growing demographic diversity and broader mainstream adoption of crypto a trend that could influence global markets if it spreads.

$BTC
🔥 Market overview & major moves:
Bitcoin (BTC) surged past $90,000 today reclaiming the psychological level after a rough few weeks for the broader market.The bounce seems driven by optimism around a potential December rate cut by the Federal Reserve, which lifted risk sentiment and gave traders room to push prices up.As Bitcoin rallies, the broader market including major tokens like Ethereum (ETH) is also showing signs of recovery. ETH reportedly climbed again and altcoins saw mixed gains.

$BTC $ETH $XRP
🔥 Major Headlines:
JPMorgan Chase Proposes Leveraged Bitcoin Product:
JPMorgan has filed for a new structured note tied to Bitcoin (via BlackRock’s Bitcoin Trust), offering investors potential “uncapped” returns about 1.5× the gains if BTC rises.But leveraged instruments come with risks. if BTC drops, losses will be magnified.
Metaplanet Uses $130 M Bitcoin Backed Loan to Buy More BTC:
Metaplanet a Japanese public company executed a $130 million loan using BTC as collateral, then used the loan proceeds to buy even more Bitcoin.This move is a sign that some institutions are still doubling down on BTC despite volatility.
Big Bet: $1.7 B Options Trade Predicts BTC Above $100K by Year End:
A block trader opened a large call condor options position (worth 20,000 BTC) betting on a BTC price rebound above $100,000 before the end of the year though not expecting a new all time high. This suggests some traders are cautiously optimistic, expecting gains but bracing for volatility.