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CoinTurk News 2023-08-25 10:24:57

JP Morgan’s Surprising Crypto Report: Limited Negativity Emphasis for Bitcoin and Altcoins!

Global banking giant JP Morgan recently published a research report stating that the open interest in Bitcoin (BTC) futures on the Chicago Mercantile Exchange (CME) indicates the end of the decline in long positions rather than the beginning, drawing attention to an important detail. “Limited Negativity” Emphasis for the Crypto Market JP Morgan’s research report, released on August 24, stated that the decline in long positions in Bitcoin futures on CME is in the final stage rather than the beginning stage. Open interest refers to the total number of derivative contracts such as options or futures that have not yet been settled. The post JP Morgan’s Surprising Crypto Report: Limited Negativity Emphasis for Bitcoin and Altcoins! appeared first on COINTURK NEWS.

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