JPMorgan Issues Warning on Mt. Gox Bitcoin Sales, Predicts Volatility

Mt. Gox creditors are expected to sell substantial Bitcoin receivables, impacting market dynamics. The impending release of Bitcoin to Mt. Gox creditors, who are expected to sell a significant portion of their holdings, is raising concerns on potential market volatility and downward pressure on Bitcoin’s price, according to a report by JPMorgan. This event marks The post JPMorgan Issues Warning on Mt. Gox Bitcoin Sales, Predicts Volatility appeared first on Coin Edition .

Source: Coin Edition