Bitcoin Likely to Drop After the Halving, JPMorgan Says

Bitcoin Likely to Drop After the Halving, JPMorgan Says

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Source: Coindesk.com

JPMorgan said it expects bitcoin to fall after the reward halving. The bank’s analysis shows that the cryptocurrency remains overbought. Miners will be most affected by the event, the report said.

The bitcoin (BTC) price is likely to weaken after the reward halving, a quadrennial event that slows the

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The post "Bitcoin Likely to Drop After the Halving, JPMorgan Says" appeared first here Coindesk.com.

Source: Coindesk.com

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