• Written by: Crypto Breaking News
• Sun, 03 Mar 2024
•   United Kingdom

JPMorgan has cautioned investors that the price of bitcoin could fall to $42,000 after the halving event in April. The global investment bank’s analysts explained that $42K is the level they “envisage bitcoin prices drifting towards once bitcoin-halving-induced euphoria subsides after April.” The bank also recently stated that the bitcoin halving and the next major [...]The post JPMorgan Expects Bitcoin Price to Drop to $42K After Halving appeared first on Crypto Breaking News.

JPMorgan Expects Bitcoin Price to Drop to $42K After Halving

JPMorgan has cautioned investors that the price of bitcoin could fall to $42,000 after the halving event in April. The global investment banks analysts explained that $42K is the level they envisage bitcoin prices drifting towards once bitcoin-halving-induced euphoria subsides after April. The bank also recently stated that the bitcoin halving and the next major [] Source: Bitcoin.com

The post JPMorgan Expects Bitcoin Price to Drop to $42K After Halving appeared first on Crypto Breaking News.