JPMorgan says its expecting a diminishing in crypto liquidations during July, and then a recovery starting in August.
revised its year-to-date crypto net flow estimate down from US$12 billion to US$8 billionreduction in the estimated net flow is largely driven by the decline in bitcoin reserves across exchanges over the past monthciting Mt. Gox, Gemini creditors, and sales by the German government of seized assets
This article was written by Eamonn Sheridan at www.forexlive.com.
