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CryptoGlobe
2022-11-12 05:00:00

Bitcoin ($BTC) Price could Plunge to $13,000 Amid ‘Cascade of Margin Calls’, JPMorgan Strategists Say

Bitcoin ($BTC) Price could Plunge to $13,000 Amid ‘Cascade of Margin Calls’, JPMorgan Strategists Say

Strategists at Wall Street giant JPMorgan have suggested that the price of Bitcoin ($BTC) could collapse to $13,000 amid a “cascade of margin calls” triggered by the liquidity crisis at popular cryptocurrency exchange FTX. According to a report from Bloomberg, strategists led by Nikolaos Panigirtzoglou wrote in a note that a “cascade of margin calls”

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