New Cryptocurrency Review from JP Morgan!

This year’s downturn Bitcoin (BTC) and cryptocurrencies Although it recovered from time to time, it could not maintain these levels.

Still above the June low of $17,626 BTCAlthough it has been experiencing lows in recent days, it has increased by about 3% in the last 24 hours and reached the level of 19,276.

bitcoin and the US banking giant assessing the declines in cryptocurrencies and the demand and interest in crypto JP MorganHe said that interest in cryptocurrencies as a payment method is declining.

Speaking to Bloomberg Takis Georgakopoulos, global head of payments, JPMorgan Chase & Co.He said that the demand for cryptocurrencies as a payment method has drastically decreased in the last six months.

Cryptocurrency Stating that their units will grow even more over the years, JP Morgan manager made the following statements in his interview:

“Up until six months ago, we were seeing a lot of demand from our customers for the use of cryptocurrencies as a means of payment.

Compared to six months ago, there is very little demand now.

However, as a bank, we provide crypto support to our customers who want to use the crypto money payment method.”

Cryptocurrencies Stating that its use in the gaming industry is getting bigger and bigger, Georgakopoulos said that the use of cryptocurrencies is both traditional game and metaverse He said it offers many new opportunities in the industry.