Bitcoin (BTC) $64,065.12 0.54%
Ethereum (ETH) $3,147.01 0.36%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 152.538428 4.47%
Cardano (ADA) $0.46 1.27%
Chainlink (LINK) $14.91 4.56%
Polygon (MATIC) 0.757098 3.64%
Litecoin (LTC) $82.36 1.53%
Helium (HNT) 5.481341 -4.06%
Dash (DASH) $29.33 1.31%
X-CASH (XCASH) 2.0E-6 1.02%
Dogecoin (DOGE) $0.00 6.65%

Cryptocurrencies: 21117

Markets: 81958

Market Cap: $2,370,269,507,791

24h Vol: $58,630,443,608

CryptoGlobe

2021-02-17 15:19:00

Bitcoin’s Rally Is ‘Unsustainable’ Unless Volatility Drops, Say JPMorgan Strategists

Bitcoin’s Rally Is ‘Unsustainable’ Unless Volatility Drops, Say JPMorgan Strategists

JPMorgan strategists led by Nikolaos Panigirtzoglou have revealed in a recently published note that “unless bitcoin volatility subsides quickly form here” the cryptocurrency’s rally, which saw it surpass the $50,000 mark, “looks unsustainable.” In the note the analysts referenced bitcoin at $48,000. Since then, the price of the flagship cryptocurrency has broke the resistance at […]

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