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JPMorgan Analyst Says Cryptos’ Slide Is Nearing End

Cryptocurrency traders have been counting major losses as crypto prices tumbled in recent weeks. For many investors who were hoping to earn a quick buck from the cryptocurrency market, the past few months have been a sobering moment. Bitcoin, the largest cryptocurrency on the globe, dropped from an all-time high of $69,000 in November 2021 to $19,165 by the end of June.

Plenty of crypto investors have lost money due to the market slump, and the future looks grim at best. However, a JPMorgan analyst has predicted that there will be a light at the end of the tunnel. The strategist predicts that the crypto crash is nearing its end as crypto companies in the red turn to…

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CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

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