JPMorgan warns Bitcoin price is too high following surge related to Trump's assassination attempt.

From Investing.com

July 19, 2024 6:25 AM:

Bitcoin price surges by 9% to $64,000 following an assassination attempt on former President Donald Trump. Liquidations by Gemini creditors, Mt. Gox creditors, and the German government caused a previous dip. J.P. Morgan analysts predict a rebound in CME bitcoin futures after July, cautioning that any recovery may be tactical. The probability of a Trump win has increased to 70%, boosting Bitcoin price due to perceived favorable regulations.

Read more at Investing.com: Jamie Dimon’s JPMorgan warns Bitcoin price is ‘too high at present’ By Investing.com