Banking giant jpmorgan has a lot to say about crypto, including a price that might gives hope in the short-term.
) fair price at $38,000, which is 28% higher than its current level of around $29,500, according to a note the bank issued to clients on Wednesday.
“The past month's crypto market correction looks more like capitulation relative to last January/February and going forward we see upside for Bitcoin and crypto markets more generally," the note said. Bank strategist Nikolaos Panigirtzoglou was the lead author of that document.Crypto has
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