JPMorgan: 'The Strong Bitcoin and Altcoin Sell-Off Has Basically Ended'
JPMorgan Chase states that the recent sharp sell-off in the cryptocurrency market may have somewhat concluded.
Bank analyst Nikolaos Panigirtzoglou said that the outflows from Bitcoin and Ethereum ETFs have slowed significantly since January, and futures market position indicators suggest that most investor selling activity will occur by the end of 2025.
According to JPMorgan, market liquidity remains strong. The bank noted that the main reason for the current correction is not market-related stress but risk mitigation mea
View OriginalJPMorgan Chase states that the recent sharp sell-off in the cryptocurrency market may have somewhat concluded.
Bank analyst Nikolaos Panigirtzoglou said that the outflows from Bitcoin and Ethereum ETFs have slowed significantly since January, and futures market position indicators suggest that most investor selling activity will occur by the end of 2025.
According to JPMorgan, market liquidity remains strong. The bank noted that the main reason for the current correction is not market-related stress but risk mitigation mea