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Crypto Market Rebound Expected in August, Liquidations to Finish by July-End: JPMorgan

The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past month.

Crypto liquidations to end this month with the market expected to rebound in August: JPMorgan. (Shutterstock)
Crypto liquidations to end this month with the market expected to rebound in August: JPMorgan. (Shutterstock)