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JPMorgan Chase: "Crypto Winter" Will Not Come, Structural Deterioration in Crypto Demand Not Evident

14 hours ago

Dec. 10 — JPMorgan said in a research note that Bitcoin’s recent pullback, paired with rising market panic, does not signal a new crypto winter, but rather a “meaningful correction.” Several short-term drivers behind the recent sell-off include: - ETF outflows tied to basis trading unwinds - Liquidation pressure on overleveraged long positions - Year-end seasonal liquidity crunch - Soft macro conditions ahead of today’s Fed interest rate decision The bank stressed these developments do not point to a structural deterioration in crypto demand. Institutional interest, progress in real-world applications and the tokenization trend all remain robust. JPMorgan believes the market is still in a phase of healthy adjustment—not a return to a bear market cycle.
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Gate will list BeatSwap (BTX) spot trading

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「Pal」 Faces Liquidation of 1800 ETH, Unrealized Loss of $540,000

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Sign CEO Yan Xin published a full-page bylined article in a Chinese Ministry of Commerce publication: Digital Belt and Road Starts from Central Asia

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Bithumb will list the STABLE/KRW trading pair.

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