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The Daily Hodl
2019-09-29 13:03:03

JP Morgan Chase Pins Bitcoin Price Plunge on Bakkt and BTC Futures

Bitcoin suffered its biggest 7-day drop since November of 2018 after plunging this week from $10,198 to $7,926 by Thursday. Strategists at JP Morgan Chase point to the tepid launch of Bakkt, the Bitcoin futures platform from Intercontinental Exchange designed to onboard Wallet Street investors. While JP Morgan’s strategist lead Nikolaos Panigirtzoglou characterizes Bakkt’s launch […]The post JP Morgan Chase Pins Bitcoin Price Plunge on Bakkt and BTC Futures appeared first on The Daily Hodl.