Rebound in Crypto Market In the Near-Term Is Likely To Be Temporary: JPMorgan
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The post Rebound in Crypto Market In the Near-Term Is Likely To Be Temporary: JPMorgan appeared first on Coinpedia Fintech News JP Morgan, in a research report last week said that any rebound in cryptocurrency markets in the near term is likely to be tactical and not the beginning of a new long-term bullish uptrend. This was because the price of bitcoin (BTC) is currently too high versus its production cost of $43,000, and relative to …
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