By Afe Funbi Key highlights: The price of Bitcoin retested the key support at $100,000 for the first time after several weeks of selling pressure started, putting bulls on the defensive. Analysts also warn that a break below $100K could trigger a sharp move toward $92K to close a CME gap. On-chain activity is cooling […]
Tag: CME
By Marco Piccolo Key highlights: JPMorgan analysts identify crypto-native investors as primary drivers of the recent crypto market downturn Institutional investment vehicles like ETFs and CME futures saw minimal liquidations during the sell-off Perpetual futures, popular among crypto-native traders, experienced heavy unwinding and outsized losses Trade Crypto on Kraken The recent downturn in cryptocurrency markets […]
By Marco Piccolo Key highlights: JPMorgan forecasts Solana ETFs could see around $1.5 billion in net inflows during their first year. The estimate is significantly lower than Ethereum ETFs, reflecting weaker investor sentiment and onchain activity. Despite high expectations for SEC approval, JPMorgan warns of “investor fatigue” and growing competition from other crypto investment products. […]