7/21 Currency News
1. JPMorgan Chase analyst: Bitcoin’s rise is temporary and “will subside soon”!
JP Morgan analysts warned in the latest report that any current rebound in cryptocurrency prices may be temporary and strategic rather than the beginning of a lasting upward trend. However, the report believes that if former U.S. President Trump is re-elected as president, Gold and Bitcoin are expected to benefit from Trump’s second term.
2. More than half of Mt. Gox’s creditors have been compensated. Will this cause selling pressure?
In a vote initiated by a user on "What proportion of Bitcoin do you plan to sell after payment?", more than half of the holders will continue to hold it, while only a small number of holders choose to sell all. #Crypto🚀🚀 #BTC #bitcoin #mtgox #CryptoNews🚀🔥 $BTC