JPMorgan Eyeing Bitcoin’s Contango, Releases Bullish Report
JPMorgan has released a report on the futures and derivatives market around bitcoin, providing insight and bullish sentiment.In a report titled “Why Is The Bitcoin Futures Curve So Steep?” JPMorgan Chase analysts examined the growing futures and derivatives market surrounding bitcoin, provided insights as to why the contango is so steep and explored what the future holds for the monetary asset as it becomes increasingly financialized. Here are some of the highlights from the report. “As has often been the case in the past, the growth and gradual maturation of cryptocurrency markets has....
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