Jpmorgan

JPMorgan Projects That Bitcoin Will Fall Below $42K Following Its Halving

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JPMorgan Projects That Bitcoin Will Fall Below $42K Following Its Halving

After the April halving event, JPMorgan has warned investors that the price of bitcoin could drop as low as $42,000. The experts at the global investment bank clarified that $42K is the price point at which they “envisage bitcoin prices drifting towards once the euphoria caused by the bitcoin halving subsides after April.” Additionally, the … Read more

JPMorgan: No plans to trade cryptocurrency were stated by 78% of institutional traders surveyed.

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In a survey of more than 4,000 institutional traders, the global investment bank JPMorgan discovered that 12% of them trade digital coins or cryptocurrency, while 78% of them do not. Furthermore, according to 61% of traders, “the most influential factor in determining the future of trading over the next three years will be artificial intelligence … Read more