JPMorgan revises its stance on cryptocurrency, now optimistic about the potential for higher prices.

The bank's change of heart contrasts sharply with CEO Jamie Dimon's past criticism, particularly of Bitcoin.

A JPMorgan client note reveals an upgraded rating for Coinbase and forecasts further growth in digital asset values.

Analyst Kenneth Worthington cites Bitcoin's rise as a positive influence on Spot Bitcoin ETF flows and other tokens.

The revised outlook follows a period of institutional disinterest and Dimon's skepticism about Bitcoin's asset legitimacy.

Bitcoin and Ethereum have seen substantial value surges, with Bitcoin at its highest since November 2021.