Bitcoin (BTC) $70,757.62 -3.15%
Ethereum (ETH) $2,191.50 -4.11%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 81.532601 -4.02%
Cardano (ADA) $0.24 -5.36%
Chainlink (LINK) $8.74 -3.66%
Litecoin (LTC) $53.49 -2.88%
Dash (DASH) $41.01 -11.80%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 1.004863 -3.64%
X-Cash (XCASH) 7.0E-6 -18.37%
Dogecoin (DOGE) $0.00 0.00%

Cryptocurrencies: 28771

Markets: 114668

Market Cap: $2,408,198,839,716

24h Vol: $75,873,079,466

Coin-turk.com

2024-01-18 23:45:09

JPMorgan Predicts Pressure on Bitcoin Price Due to Grayscale Bitcoin Trust Outflows

JPMorgan Predicts Pressure on Bitcoin Price Due to Grayscale Bitcoin Trust Outflows

JPMorgan suggests GBTC outflows may pressure Bitcoin prices in coming weeks. Investors took advantage of arbitrage, may exit Bitcoin space entirely after ETF conversion.Continue Reading:JPMorgan Predicts Pressure on Bitcoin Price Due to Grayscale Bitcoin Trust Outflows

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