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Cryptocurrencies: 28575
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Cryptocurrencies: 28575
Markets: 116788
Market Cap: $2,330,937,494,168     
24h Vol: $97,915,944,620
CoinGape 2021-01-25 04:29:58

JPMorgan: Bitcoin Traders Likely to Unwind Futures Positions

JPMorgan: Bitcoin Traders Likely to Unwind Futures Positions
Bitcoin trades are more likely to unwind their futures position citing a slowdown in Bitcoin institutional participation, says JPMorgan! Just as Bitcoin (BTC) continues to face downward pressure over the last week, the institutional interest also seems to wane down at the moment. JPMorgan analysts think that Bitcoin price return to $40,000 seems to be The post JPMorgan: Bitcoin Traders Likely to Unwind Futures Positions appeared first on Coingape.
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