JPMorgan: GBTC June-End Expiry Can Put Further Downward Pressure on Bitcoin (BTC) Price

The Grayscale Bitcoin Trust (GBTC) is heading for the expiry of the six-month lock-up period for its shares by June end. JPMorgan analysts think that this can possibly create further downward pressure on the price of Bitcoin (BTC). In a note on Wednesday, June 23, JPMorgan strategist Nikolaos Panigirtzoglou writes that the unlocking could possibly The post JPMorgan: GBTC June-End Expiry Can Put Further Downward Pressure on Bitcoin (BTC) Price appeared first on Coingape.