JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in Futures

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JPMorgan Warns of Incoming Bitcoin Bear Market Citing 'Unusual Development' in FuturesInvestment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. The bank’s analysts look at the trend in bitcoin futures and see “an unusual development and a reflection of how weak bitcoin demand is at the moment from institutional investors.” However, a number of people disagree with this […]

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