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Five Big Banks Earn $49 Billion, Testing Bitcoin's Disruption Thesis

COINOTAG·July 15, 2026·1 min read
Five Big Banks Earn $49 Billion, Testing Bitcoin's Disruption Thesis

The five largest US banks earned a combined $49 billion in net profit during Q2, results published on July 14 confirmed. JPMorgan Chase led with $21.2 billion. The earnings test Bitcoin's disruption thesis, as traditional banking continues to generate massive profits despite the rise of decentralized finance.

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