JPMorgan Chase: Cryptocurrency market expected to see net inflows of $8 billion this year
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.
You may also like
GD Culture Group Secures $300M for Crypto Reserve

Crypto Markets Brace for U.S. CPI Release Today

MYXUSDT now launched for futures trading and trading bots
Solana’s ‘Rent Exempt’ Update Boosts Network Activity

Trending news
MoreCrypto prices
More








