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» JPMorgan says the recent cryptocurrency plunge and shift into riskier altcoin bets looks a lot like the 2017 collapse JPMorgan says the recent cryptocurrency plunge and shift into riskier altcoin bets looks a lot like the 2017 collapse Emily GraffeoMay 26, 2021, 02:32 IST Bitcoin replica coins are seen on November 13, 2017.Jaap Arriens/NurPhoto via Getty Images Crypto s recent plunge bears some resemblance to the 2017 collapse, JPMorgan said. The firm s Josh Younger noted that like the end of the 2017 bull cycle, investors are beginning to diversify out of bitcoin and ether and into riskier altcoins. But Younger also said the crypto market is more resilient than it was in 2017.

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