JPMorgan Chase & Co (NYSE: JPM) expressed a cautious stance towards the cryptocurrency market heading into 2024. However, the bank anticipates Ethereum’s Ether (CRYPTO: ETH) to surpass Bitcoin (CRYPTO: BTC) and other digital currencies in performance, attributing this to an upcoming Ethereum blockchain upgrade aimed at enhancing scalability. What Happened: In its latest report, JPMorgan discussed the potential impact of the U.S. Securities and Exchange Commission’s (SEC) decision on the approval of spot Bitcoin exchange-traded funds (ETFs), according to Coindesk. The bank suggested this decisi…

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