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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. Go...

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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 […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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