June 6, 2023
JPM 01

Cryptocurrency Payment Demand Drops Sharply JPMorgan Chase: Continues Support and Bullish

Cryptocurrencies have been rising and falling in recent years. This year, a “currency disaster” occurred. Even the world’s richest man Elon Musk and Dogecoin founder Billy Markus have repeatedly complained on Twitter. A few days ago, the head of global payments at JPMorgan, a well-known investment bank, also agreed that cryptocurrencies are on the decline.

 

According to Bloomberg, Takis Georgakopoulos, head of global payments at investment bank JPMorgan, said in an interview a few days ago that cryptocurrencies lost nearly $2 trillion (about HK$15 trillion) in a year, and demand as a payment tool fell sharply within six months. , so cryptocurrencies are in a downturn right now.

 

However, Takis Georgakopoulos also pointed out that cryptocurrencies are highly flexible and can be used in the metaverse in addition to being used for traditional game recharge. Therefore, he said that he will continue to support the cryptocurrency, and will still be optimistic about its future.

 

source:Bloomberg

Image Source:Candorium

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Ewen Eagle

I am the founder of Urbantechstory, a Technology based blog. where you find all kinds of trending technology, gaming news, and much more.

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