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CoinGape 2024-03-22 10:42:19

Bitcoin (BTC) In Overbought Territory, Slowing ETF Inflows A Concern: JPMorgan

Bitcoin (BTC) In Overbought Territory, Slowing ETF Inflows A Concern: JPMorgan

In its latest research report, JPMorgan strategists cautioned that the pullback may continue further. Bitcoin has retraced over 10% from its peak already, with interest in emerging spot Bitcoin ETFs cooling off. Bitcoin In “Overbought” Territory All 10 spot Bitcoin ETFs combined recently experienced their most substantial three-day outflow since their launch on January 11. The post Bitcoin (BTC) In Overbought Territory, Slowing ETF Inflows A Concern: JPMorgan appeared first on CoinGape .

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