JPMorgan Strategist Advises Investors to Sell Bitcoin, Crypto After Fed’s Hawkish Stance

With the US Federal Reserve firming up its ante against inflation and dismissing discussions about any softening of monetary policy. JPMorgan’s chief global strategist, David Kelly, has made some suggestions for crypto investors concerned about the direction of the market.

Traditional, as well as the crypto market, suffered major declines since the beginning of the year on fears of tighter monetary policies to stamp out inflation which has hit the highest levels in forty years. As a result, the economy is slowly being dragged into recession.

Read More
Source link

See also  Bitcoin Reclaims The $20,000 Throne While Ethereum Rises On The Chart