JPMorgan Chase CEO Jamie Dimon is well-known for his antipathy toward Bitcoin. He spoke again, and this time he claimed that cryptocurrency has no value, while his bank has $1.2 trillion.

The reaction of crypto supporters was strong. Some people even threatened to withdraw their money from JP Morgan Bank if they didn't receive proper interest. Some are ready to move to Bitcoin and other cryptos. Some even mocked JP Morgan's relatiion with cryptos.

Kayne West Issue

Dimon recently came under fire for closing rapper Kayne West's account, although Kayne had not said anything yet, but Bitcoin supporters were quick to encourage Bitcoin to oppose this move.

  In the past, Dimon has threatened traders with account closure if they engage in bitcoin trading., Later the bank become pro Bitcoin during Bull market, and it is changing tone again in Bear market. Therefore, crypto enthusiasts are prepared to put their foot in it whenever Dimon speaks.