November 8, 2024

Rise To Thrive

Investing guide, latest news & videos!

JPMorgan Expects Crypto Market Recovery Beginning in August

1 min read
JPMorgan Expects Crypto Market Recovery Beginning in August
JPMorgan Expects Crypto Market Recovery Beginning in AugustGlobal 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 […]