Blockchain Bearish News
The Bitcoin price upsurge has been a surprise to many people. Many are still anxious, waiting for the other shoe to drop, and think that the Bitcoin price will crash in 2021. A few experts shared with us what they think will happen to the Bitcoin market this year. Chad Elwartowski First Seasteader Ocean Builders […] …
TL;DR Breakdown Ethereum’s current campaign adversely affects Bitcoin The low number of institutional investors hinders Bitcoin’s rise. Bitcoin’s market share reduces. JP Morgan Chase and Co, a Wall Street bank stated that the amount of institutional investors is not enough to return Bitcoin to its all-time high. JP Morgan, a full investment company stated that […] …
Analysts from JP Morgan have said that Bitcoin has failed to perform as a hedge as opposed to other more traditional assets. …
With Bitcoin prices still correcting from their record highs, analysts and industry executives are looking towards the rest of the year, and some believe six figures are still possible. …
Strategists at the Wall Street bank have warned that the approval of a Bitcoin exchange-traded fund in the U.S. could negatively impact its price in the short term. …