Crypto stocks leap as Bitcoin (BTC) crosses $47,000
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JPMorgan Financials Specialist Negative on Coinbase (COIN): 'Short COIN - Volumes disappoint after ETF launch'
February 12, 2024 7:43 AM ESTJPMorgan Financials Specialist Negative on Coinbase (NASDAQ: COIN): 'Short COIN - Volumes disappoint after ETF launch'
The analyst, James Goulbourne (JPMorgan's Financials Specialist), comments "Weekly recap of key trading flows, research, and ideas out yesterday from me. This week highlighting our more... More
Prepare for a Bitcoin FOMO rally to record highs - Bernstein
February 12, 2024 7:21 AM ESTOn Friday, Bitcoin crossed the $48,000 mark, registering a 13% increase over the past week and edging closer to the key $50,000 resistance level.
Despite a significant upturn in 2023, with a 160% increase, and maintaining resilience in 2024, the current interest in Bitcoin still falls short of the peaks seen in 2017 and 2021.
However, Bitcoins best days are yet to happen as the ETF-driven market fuels fears of missing out (FOMO), Bernstein analysts Gautam Chhugani and Mahika Sapra said in a note. In this... More
