JPMorgan Warns About A Bitcoin Bear Market

JPMorgan Chase & Co. (NYSE:JPM) sees signs that a bear market may be coming in bitcoin. In a recent note, the firm warned about backwardation, in which futures prices lag behind the spot price. JPMorgan strategists believe that the return to backwardation in recent weeks suggests a bear market is here. [soros] Q1 2021 hedge […]

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