JPMorgan: lower volatility of BTC will lead to an inflow of investments

According to researchers from JP Morgan Chase & Co., in the near future from large banking organizations andinstitutional investors may resumedemand for bitcoin. The financial holding specialists came to the conclusion that the level of BTC volatility has been decreasing in recent weeks, which may become the main driver of institutional investments.

Analysts representing the giantThe US multinational investment bank led by Nikolaos Panigirtzoglou began sharing data related to BTC more often. Not only do they compare the performance of Bitcoin and gold, but they also highlight the cryptocurrency's notoriously high volatility.

In the past, researchers have criticized the asset for itssignificant fluctuations, which during the day could amount to tens of percent. They have now admitted that the top cryptocurrency has stabilized lately, which could mean the arrival of banks and the return of institutions.

«These preliminary signs of normalization in Bitcoin volatility are encouraging. We believe that if this continues, it will help revive institutional interest in the long term»“Bloomberg reports their words.

They indicated that the three-month realizedthe volatility of the first ever crypto asset fell to 86%, while in February it was above 90%. In addition, the six-month realized volatility declined to around 73%.

Thus, banking organizations looking to stay away from highly volatile assets can start interacting with the cryptocurrency space.

If some U.S.-based organizationsBlackRock and MassMutual flirted with BTC, American banks were somewhat distant. Some of them, like Goldman Sachs, openly show their disdain for the merits of BTC.

However, the situation is changing, and the pioneerMorgan Stanley becomes a new trend. Within two months, the bank added a service that allows its institutional clients to buy BTC through three funds. The company also plans to acquire a stake in the Bithumb cryptocurrency exchange, and 12 funds of the organization have received the right to invest up to 25% of the capital in bitcoin.

Just a few months ago at Goldman Sachsstated that bitcoin is not an asset class and openly criticized the entire industry. However, the giant bank has filed with the SEC for Bitcoin ETF approval and announced plans to launch Bitcoin services for wealth management clients later this year.

JPM also has a controversial historyrelationship with BTC, since CEO Jamie Dimon called the asset a "scam" a few years ago, after which he publicly apologized. Now JPMorgan has announced the launch of a basket of stocks in cryptocurrency-related companies.

America's oldest bank, BNY Mellon, also demonstrated a crypto-friendly approach by launching a new custodian product in the form of BTC storage services.

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Bybit	https://bybit.com	7.5
3	OKEx	https://okex.com	7.1
4	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Platform Features– availability of additional features — futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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