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Bitcoin Futures 'Backwardation' Points to Weak Institutional Demand: JPMorgan

It's another sign of bitcoin's bearish trend.

By Omkar Godbole
Updated Sep 14, 2021, 1:09 p.m. Published Jun 10, 2021, 5:35 p.m.
"Backwardation" in the bitcoin futures market could be a sign of weak institutional demand, JPMorgan says.
"Backwardation" in the bitcoin futures market could be a sign of weak institutional demand, JPMorgan says.