The growth of the ecosystem for encryption slowed in January, while the total maximum market increased, says JPMorgan

The Wall Street Bank, JPM, said in a research report, quoting TradingView data, that the growth of ecosystems for encryption slowed in January, where the total trading volume decreased by 24 %.

However, activity is twice the level before the US elections in November, and the total maximum market increased by 8 % to approximately $ 3.4 trillion. The growth of the maximum market was concentrated in Bitcoin (BTC), Solana (TellerThe bank said, “The decreases in the average daily size (ADV) were widely scattered through the ecosystem,” the bank said.

“We believe that the elections were definitely an incentive, and the levels of activity and symbolic prices find their balance in the post -election period,” said analysts, led by Kenneth and Wathington.

The decentralized financing (Defi) and Not explosive symbols (NFTS) was worse on a monthly basis, the report said, with a greater deterioration through a number of standards.

There was some progress on the organizational front.

The new Trump administration has established a A new encryption work band and SAB 121and JPMorgan said a controversial accounting base had been canceled.

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