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Cryptocurrencies: 28575
Markets: 116788
Market Cap: $2,330,937,494,168     
24h Vol: $97,915,944,620
CryptoGlobe 2022-11-12 05:00:00

Bitcoin ($BTC) Price could Plunge to $13,000 Amid ‘Cascade of Margin Calls’, JPMorgan Strategists Say

Bitcoin ($BTC) Price could Plunge to $13,000 Amid ‘Cascade of Margin Calls’, JPMorgan Strategists Say
Strategists at Wall Street giant JPMorgan have suggested that the price of Bitcoin ($BTC) could collapse to $13,000 amid a “cascade of margin calls” triggered by the liquidity crisis at popular cryptocurrency exchange FTX. According to a report from Bloomberg, strategists led by Nikolaos Panigirtzoglou wrote in a note that a “cascade of margin calls”
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