Bitcoin (BTC) $89,609.93 0.59%
Ethereum (ETH) $3,041.56 1.00%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 132.886579 1.00%
Dogecoin (DOGE) $0.14 1.44%
Cardano (ADA) $0.42 1.61%
Chainlink (LINK) $13.99 3.84%
Litecoin (LTC) $82.16 2.60%
Dash (DASH) $47.54 1.08%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 1.954297 1.50%
X-CASH (XCASH) 1.0E-6 0.00%

Cryptocurrencies: 28005

Markets: 116055

Market Cap: $3,052,473,135,211

24h Vol: $86,926,750,486

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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