JPMorgan places BTC fair price at $38k, declares crypto a preferred alternative asset

The Carlyle Group co-founder also spoke on the regulatory landscape, saying that he does not anticipate excessive regulation from the U.S. Congress.

The total crypto market capitalization dropped by 6.9% in one week, while derivatives metrics reflect increasing demand for bearish bets.

What are the professional trader outlooks for the Ethereum Merge? Join us as we discuss this and other topics with Tim Warren, co-host of Coffee N Crypto, and Dan McDermitt

There seems to be no stopping the greenback as risk assets, including Bitcoin, pay the price for renewed strength.

Meitu was one among many public companies that purchased Bitcoin to hold as a treasury reserve during the peak of the bull run last year and now joins the list…