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CoinOtag 2024-07-21 09:31:50

JPMorgan Analysts Predict Possible Bitcoin Price Recovery Starting in August

JPMorgan analysts, led by Managing Director Nikolaos Panigirtzoglou, recently raised concerns about the sustainability of any recovery in cryptocurrency prices. The analysts suggested that such a recovery may be tactical and temporary, rather than indicative of a permanent upward trend. The current Bitcoin price of approximately $67,500 is significantly higher than its production cost of The post JPMorgan Analysts Predict Possible Bitcoin Price Recovery Starting in August appeared first on COINOTAG NEWS .

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