according to Bloomberg JPM will soon allow trading and wealth-management clients use some cryptocurrency-linked assets as collateral for loans, #bitcoin

Bitcoin Becomes Safe Collateral: JPMorgan To Offer Loans Financed With Crypto Assets | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

In April 2021 #bitcoin hit an all time high right around $60k. Then came the China mining ban and a pullback. It rallied back in October (about 6 months later) to make a new all time high in the 60’s before putting in a top for the cycle In Jan 2025 Bitcoin hit an all time high of $108k. Then came the tariff scare and a pullback. It rallied back in May (about 4 months later to make a new all time high at $112k. I don’t think this is the cycle top, but at the same time I am wary, and rather than take out a loan against my bitcoin or buy more at these levels I paid off some auto loans and paid down my HELOC. Good luck all!!

Just saw a big headline on CNBC that read “Large outflows from Bitcoin ETFs”. Pullback getting close to being over?