JPMorgan Says Cheap Money Days Are Over After Bitcoin Rally

JPMorgan analysts are warning investors that the period of cheap money is coming to an end. This shift in the financial landscape arrives just as data shows that most Americans missed out on the massive growth of digital assets over the last decade.

Despite Bitcoin climbing roughly 22,700 percent during the past ten years, internal bank data shows that only 17 percent of Chase customers have interacted with crypto assets. This suggests that the majority of retail investors stayed on the sidelines during the biggest bull run in the history of the asset class.

Market watchers see this as a sign that institutional interest and broader retail adoption are still in early stages. With borrowing costs rising and capital becoming more expensive, the market is entering a new phase where growth may be harder to come by than in the previous decade.

Investors should keep an eye on how these shifting interest rates impact risk assets moving forward. As the economic environment tightens, the focus is likely to shift from speculative growth toward assets that can hold value in a more restrictive climate.