JPMorgan Expects Crypto Market Recovery Beginning in August
Submitted by Anonymous (not verified) on Fri, 07/12/2024 - 02:20
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 […]