• Best Saving Accounts
  • Best Managed Accounts
  • Best IRA Accounts
  • Best Forex Brokers
  • Best Forex Robots
  • Best Stock Brokers
  • Best Crypto Platforms
No Result
View All Result
MFA
  • Investing
    • Forex Trading
    • Stock Trading
    • Crypto Trading
    • Mutual Funds
    • ETFs Investing
    • Bonds Investing
    • Real Estate Investing
    • Investment Apps
  • Passive Income
    • Automated Trading
    • Managed Accounts
    • Passive Income Apps
  • Money Management
    • Banking
    • Savings Accounts
    • Money Market Accounts
    • Financial Advisors
  • Personal Finance
    • Financial Independence
    • Saving Money
    • Paying Off Debt
    • Make More Money
  • Retirement
    • 401(k)
    • IRA
    • Retirement Planning
    • Retirement Calculator
  • Reviews
    • Online Brokers
    • Robo Advisors
    • Signal Providers
  • News
  • Investing
    • Forex Trading
    • Stock Trading
    • Crypto Trading
    • Mutual Funds
    • ETFs Investing
    • Bonds Investing
    • Real Estate Investing
    • Investment Apps
  • Passive Income
    • Automated Trading
    • Managed Accounts
    • Passive Income Apps
  • Money Management
    • Banking
    • Savings Accounts
    • Money Market Accounts
    • Financial Advisors
  • Personal Finance
    • Financial Independence
    • Saving Money
    • Paying Off Debt
    • Make More Money
  • Retirement
    • 401(k)
    • IRA
    • Retirement Planning
    • Retirement Calculator
  • Reviews
    • Online Brokers
    • Robo Advisors
    • Signal Providers
  • News
No Result
View All Result
MyFinAssets
No Result
View All Result
Home News

JP Morgan Says Grayscale Trust’s Share Sales Can Fuel Additional Bitcoin Decline

June 24, 2021
in News
0
A A
0
JP Morgan Says Grayscale Trust’s Share Sales Can Fuel Additional Bitcoin Decline

The expected sale of shares in the influential Bitcoin Fund will increase pressure on the global top cryptocurrency, according to a report released by Bloomberg on Thursday.

In the last month, the selloff of Bitcoin has been fueled by weak market flows and price dynamics.

NiKolaos Panigirtzoglou, JP Morgan Strategist stated the sale of Grayscale Bitcoin Trust lockup ending would increase trouble for Bitcoin.

ADVERTISEMENT

In the past few days, Bitcoin remains under significant pressure dropping to less than $30,000 as energy use concerns persist and China continues crackdown on miners.

Despite some slight correction, JP Morgan strategists still maintain their negative outlook for Bitcoin and crypto markets. The current fair value of Bitcoin depending on its volatility ranges from $23,000 to $35,000.

TweetShareShare
Previous Post

Google Partners with Billionaire Ambani to Introduce Low-Cost Smartphone in India

Next Post

Cryptocurrencies And Interest Rates

Related Posts

Applied Materials Shares Slip 4% on Q2 Earnings Miss, Weak Chip Sector Outlook

Applied Materials Shares Slip 4% on Q2 Earnings Miss, Weak Chip Sector Outlook

May 20, 2022
Ross Stores Stock Plunge 24% After Q1 Sales and Earnings Miss Estimates

Ross Stores Stock Plunge 24% After Q1 Sales and Earnings Miss Estimates

May 20, 2022
Russia to Legalize Crypto ‘Sooner or Later’

Russia to Legalize Crypto ‘Sooner or Later’

May 19, 2022
Next Post
Cryptocurrencies and Interest Rates

Cryptocurrencies And Interest Rates

Nike’s Revenues Jump 96% YoY in Fourth Quarter on Robust Shipments

Nike’s Revenues Jump 96% YoY in Fourth Quarter on Robust Shipments

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Top Performing Trading Systems

Forex Cyborg 80%
Automic Trader 75%
DynaScalp 70%
Happy Forex 65%

Popular

  • Inverse Bitcoin ETF – A Simple Way to Short Bitcoin

    Inverse Bitcoin ETF – A Simple Way to Short Bitcoin

    0 shares
    Share 0 Tweet 0
  • Trading With Correlation Coefficient Indicator

    0 shares
    Share 0 Tweet 0
  • Top 5 Best Ways On How To Invest $20000

    0 shares
    Share 0 Tweet 0

Follow our Twitter

INVESTING

  • Bonds Investing
  • Crypto Trading
  • Forex Trading
  • Mutual Funds
  • ETFs Investing
  • Real Estate Investing
  • Stock Trading

RETIREMENT

  • 401(k)
  • IRA
  • Retirement Planning
  • Retirement Calculator

REVIEWS

  • Online Brokers
  • Robo Advisors
  • Signal Providers

MONEY MANAGEMENT

  • Banking
  • Financial Advisors
  • Money Market Accounts
  • Savings Accounts

PASSIVE INCOME

  • Automated Trading
  • Managed Accounts
  • Passive Income Apps

Are you looking for the best investment plan?

Let our financial advisors help you

Contact Us

PERSONAL FINANCE

  • Financial Independence
  • Saving Money
  • Paying Off Debt
  • Make More Money
  • Best Saving Accounts
  • Best Managed Accounts
  • Best IRA Accounts
  • Best Forex Brokers
  • Best Forex Robots
  • Best Stock Brokers
  • Best Crypto Platforms
  • Home
  • Blog
  • Privacy Policy
  • Disclaimer
  • Contact Us

© 2022, Myfinassets

No Result
View All Result
  • Investing
    • Forex Trading
    • Stock Trading
    • Crypto Trading
    • Mutual Funds
    • ETFs Investing
    • Bonds Investing
    • Real Estate Investing
    • Investment Apps
  • Passive Income
    • Automated Trading
    • Managed Accounts
    • Passive Income Apps
  • Money Management
    • Banking
    • Savings Accounts
    • Money Market Accounts
    • Financial Advisors
  • Personal Finance
    • Financial Independence
    • Saving Money
    • Paying Off Debt
    • Make More Money
  • Retirement
    • 401(k)
    • IRA
    • Retirement Planning
    • Retirement Calculator
  • Reviews
    • Online Brokers
    • Robo Advisors
    • Signal Providers
  • News

© 2022, Myfinassets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In