Better days ahead with crypto deleveraging coming to an end: JPMorgan

2022.07.01 09:36

Better days ahead with crypto deleveraging coming to an end: JPMorgan

The historic deleveraging of the cryptocurrency market could be coming to an end, which could signal the close of the worst of the bear market, according to a JPMorgan (NYSE:JPM) analyst.

In a Wednesday note, JPMorgan strategist Nikolaos Panigirtzoglou highlighted increased willingness of firms to bail out companies, and a healthy pace of venture capital funding in May and June as the basis for his optimism. He said key indicators support the assessment:

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