November Was a ‘Monumental’ Month for the Crypto Market, JPMorgan Says
November Was a ‘Monumental’ Month for the Crypto Market, JPMorgan Says Total crypto market cap jumped 45% in November, in the best monthly return to-date, the report said.
November Was a ‘Monumental’ Month for the Crypto Market, JPMorgan Says Total crypto market cap jumped 45% in November, in the best monthly return to-date, the report said.
Any Near-Term Rebound in Crypto Market Likely to be Temporary: JPMorgan The bitcoin price is currently too high versus its production cost and relative to its volatility-adjusted comparison to gold, the report said.
Dimon Warns of ‘Unsettling’ Pressures as JPMorgan Reports Earnings Warnings from the chief executive of the nation’s largest bank have been consistently at odds with heady financial markets.
The Crypto Market Rally Looks Overdone, JPMorgan Says Digital assets have seen strong gains in the last month due to excitement about the potential approval of bitcoin spot ETFs, but this bullish sentiment may be misplaced, the report said.
World May Not Be Ready for U.S. Interest Rate at 7%, JPMorgan CEO Says U.S. rates at 7% could push the U.S. economy into a recession, triggering risk aversion in financial markets.
JPMorgan Sees Limited Downside for Crypto Markets in the Near Term News that Elon Musk’s SpaceX had liquidated its bitcoin holding in the previous quarter acted as an additional catalyst for the correction in crypto markets in August, the report said.
JPMorgan’s Profit Jumps, but Interest Rates Remain a Threat It was another quarter of banner financial results for the largest lender in America.