JP Morgan Chase Analyst: Bitcoin Liquidity Can 'Control Elasticity' After Volatility Shocks

04月
22
2021-4-22 09:56
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Analysts at JPMorgan Chase wrote on Wednesday that Bitcoin's 15% sell-off earlier this week was due to a rapid reversal from long position, but the market has appeared stable since then, according to Yahoo Financial News. "Going forward, Bitcoin's liquidity will be strong and volatile. The depth of major exchanges will decrease and (Bitcoin) will recover faster than any other asset."

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