Any Near-Term Rebound in Crypto Market Likely to Be Temporary: JPMorgan

Any Near-Term Rebound in Crypto Market Likely to Be Temporary: JPMorgan

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Source: Coindesk.com

Crypto market rebound expected to be temporary, the bank said. JPMorgan said the bitcoin price was still too high relative to its production cost and versus gold. Bitcoin and gold are both expected to benefit from the higher likelihood of a Trump election win, the report said.

Any rebound

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The post "Any Near-Term Rebound in Crypto Market Likely to Be Temporary: JPMorgan" appeared first here Coindesk.com.

Source: Coindesk.com

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