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Crypto Market Rebound Expected in August, Liquidations to Finish By July-End: JPMorgan

by Will Canny
July 11, 2024
in Cryptocurrency
Reading Time: 1 min read
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The financial institution’s diminished estimate of $8 billion is comprised of a $14 billion web movement into crypto funds by July 9, Chicago Mercantile Alternate (CME) futures flows of $5 billion, $5.7 billion of fundraising by crypto enterprise capital funds year-to-date, minus a $17 billion adjustment to account for the rotation from wallets on exchanges to new spot bitcoin exchange-traded-funds (ETFs).



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Tags: AugustCryptoExpectedFinishJPMorganJulyEndliquidationsMarketRebound
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