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JPMorgan Analysts Express Skepticism Over Crypto Rally Despite Bitcoin's Surge
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JPMorgan Analysts Express Concerns Over US Equity Market Valuations and Crypto Rally Overdone
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JPMorgan analysts have expressed concerns about the overvaluation of the crypto market, stating that the rally in the crypto market looks overdone. They also mentioned that US equity market valuations are unattractive in absolute terms and in a regional context. The bank has dismantled the bullish argument for bitcoin, indicating a cautious stance on both the equity and crypto markets.