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JPMorgan Casts A Shadow On Bitcoin Rally, Questions Sustainability Post-ETF Hype
Thursday, November 9, 2023 - 1:42pm | 681JPMorgan (NYSE: JPM) analysts have cast doubt on the recent crypto market surge, describing it as “overdone.” They attribute the rally to two main factors: the potential approval of a spot Bitcoin (CRYPTO: BTC) ETF in the U.S., and recent legal victories for the crypto industry. However...