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Cryptocurrency Markets Will Face Selling Pressure in July from Mt. Gox Creditors, Says JPMorgan (JPM)

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If most of the liquidations by Mt. Gox creditors occur next month, cryptocurrency markets are expected to sell off in July and recover in August, the report said.

If most of the liquidations by Mt. Gox creditors occur next month, cryptocurrency markets are expected to sell off in July and recover in August, the report said.

According to the report, if the majority of liquidations by Mt. Gox creditors take place next month, cryptocurrency markets are expected to sell off in July, then recover in August.

June 27, 2024, 12:58 PM

Updated June 27, 2024, 3:25 pm

Cryptocurrency markets to face selling pressure in July from Mt. Gox lenders: JPMorgan. (Photo)

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