JPMorgan bullish on crypto for rest of year as institutional flows set to drive recovery

After bitcoin fell below its estimated production cost, the bank said stronger fundamentals and rising institutional inflows could lift crypto in 2026. What to know : JPMorgan sees renewed institutional inflows driving crypto markets higher in 2026. Bitcoin’s estimated production cost has fallen to $77,000, creating a potential new equilibrium after miner capitulation. Additional U.S. crypto legislation could provide the clarity needed to unlock further institutional participation, the bank said.