#JPMorgan 's latest research shows that the recent downturn in the#cryptocurrencymarket may be over.
They believe that most of the liquidations of long positions have already occurred, as evidenced by the decrease in open interest in futures contracts from #CME to #Bitcoin .
Despite recent regulatory concerns, ongoing legal uncertainties and pending decisions on #Bitcoin #ETF s, and external factors such as rising US real yields and concerns about China's economic growth, JPMorgan analysts forecast limited downside for #KriptoNews24 crypto markets in the near term
They believe that most of the liquidations of long positions have already occurred, as evidenced by the decrease in open interest in futures contracts from #CME to #Bitcoin .
Despite recent regulatory concerns, ongoing legal uncertainties and pending decisions on #Bitcoin #ETF s, and external factors such as rising US real yields and concerns about China's economic growth, JPMorgan analysts forecast limited downside for #KriptoNews24 crypto markets in the near term