JPMorgan Sees Wave of Crypto Deleveraging From FTX’s Woes

JPMorgan Sees Wave of Crypto Deleveraging From FTX’s Woes

by Jeremy

JPMorgan mentioned buyers can probably search for a backside in bitcoin (BTC) pricing by way of its manufacturing price, which has generally acted as a ground. The present manufacturing price is about $15,000, although it is prone to revisit the $13,000 it hit in latest months, implying a decline of round 25% from right here, the financial institution famous.

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