Banking Giant JPMorgan Has Warning for Bitcoin Bulls, Impact for FLOKI, PEPE, and RCOF
This year, Bitcoin has had quite a good run. It achieved its highest peak price of $73,737 thanks to the highly successful debut of its EFTs in March. However, recently, BTC has been on a downward trend, failing to maintain its bullish momentum.
Now priced at a little over $57,000, this shows the crypto's declining trading price. This price drop of the world's most capitalized cryptocurrency has negatively impacted the crypto market.
JPMorgan has been a closely followed voice in discussions on digital currencies for years. Their latest warning about the coin's underwhelming performance lately comes when the crypto market faces uncertainty.
Here's more on that warning and what this means for other cryptos, including FLOKI , PEPE , and RCOF .
Is the Bull Run Really Over?
The answer depends on who you ask. Some experts side with JPMorgan, stating that despite trying for the past three months, Bitcoin's price has dropped recently, trading at $54,0...