#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