Title: JPMorgan Expects Crypto Market Recovery Beginning in August
Post by: Bitcoin on Jul 12, 2024, 06:39 am
Post by: Bitcoin on Jul 12, 2024, 06:39 am
JPMorgan Expects Crypto Market Recovery Beginning in August
Global investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin liquidations by Mt. Gox creditors and the German government’s seized asset sales as contributing factors. JPMorgan’s analysts believe this revised net flow will stabilize the […]
Source: JPMorgan Expects Crypto Market Recovery Beginning in August (https://news.bitcoin.com/jpmorgan-expects-crypto-market-recovery-beginning-in-august/)
Global investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin liquidations by Mt. Gox creditors and the German government’s seized asset sales as contributing factors. JPMorgan’s analysts believe this revised net flow will stabilize the […]Source: JPMorgan Expects Crypto Market Recovery Beginning in August (https://news.bitcoin.com/jpmorgan-expects-crypto-market-recovery-beginning-in-august/)