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(Kitco News) - There has been an interesting narrative change surrounding Bitcoin (BTC) and the cryptocurrency market from some of the largest players in the financial markets over the past week amid rising token prices.
In a note to clients on Monday, JPMorgan analyst Kenneth Worthington indicated that "it appears that the crypto markets have found a floor" with prices recovering in July thanks to "a reprieve in the correction in token prices that has persisted since the cryptocurrency market prices peaked in November 2021."
And it's not just analysts at JPMorgan who see the tide turning for the crypto market as Mike McGlone, senior commodity strategist at Bloomberg, also sees a more positive future for the crypto market in the months ahead.
During a recent interview with McGlone, the analyst...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...