Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
JPMorgan Chase: Cryptocurrency market expected to see net inflows of $8 billion this year

JPMorgan Chase: Cryptocurrency market expected to see net inflows of $8 billion this year

Cointime2024/07/16 03:49
By: Cointime
BTC+0.58%

On July 16th, Morgan Stanley recently released a research report indicating that the "clearing storm" of cryptocurrencies that has been weighing down the market for months is over. It is believed that the net inflow of funds into the cryptocurrency market will reach $8 billion this year, and Bitcoin will experience another wave of growth in August. Cryptocurrency industry insider Elvis also stated that there have been some optimistic signals recently, including a decrease in selling by Bitcoin mining companies in the past month and a recovery of net inflows into US spot ETFs.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — YB/USDT!
Bitget Announcement2025/10/16 08:00
YBUSDT now launched for futures trading and trading bots
Bitget Announcement2025/10/15 11:07

Trending news

More
1
[Initial Listing] Bitget Will List Revive (RVV) in the Innovation Zone
2
New spot margin trading pair — YB/USDT!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$108,838.3
-2.04%
Ethereum
Ethereum
ETH
$3,913.92
-2.36%
Tether USDt
Tether USDt
USDT
$1
-0.04%
BNB
BNB
BNB
$1,145.11
-2.89%
XRP
XRP
XRP
$2.35
-2.67%
Solana
Solana
SOL
$187.01
-3.18%
USDC
USDC
USDC
$0.9998
-0.02%
TRON
TRON
TRX
$0.3171
-1.30%
Dogecoin
Dogecoin
DOGE
$0.1895
-3.43%
Cardano
Cardano
ADA
$0.6475
-3.30%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter