{"id":473352,"date":"2024-01-19T11:25:04","date_gmt":"2024-01-19T11:25:04","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=473352"},"modified":"2024-01-19T11:25:04","modified_gmt":"2024-01-19T11:25:04","slug":"bitcoin-price-prediction-as-jpmorgan-warns-of-more-btc-price-pressure-on-grayscale-selling-bitcoin-this-cloud-mining-ico-looks-primed-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-as-jpmorgan-warns-of-more-btc-price-pressure-on-grayscale-selling-bitcoin-this-cloud-mining-ico-looks-primed-to-explode","title":{"rendered":"Bitcoin Price Prediction: As JPMorgan Warns Of More BTC Price Pressure On Grayscale Selling Bitcoin, This Cloud Mining ICO Looks Primed To Explode"},"content":{"rendered":"

The Bitcoin price dropped 3.4% in the last 24 hours <\/span>to trade at $41,475 <\/span><\/a> as of 11:05 p.m. EST, with daily trading volume surging 43% to $27 billion.<\/span><\/p>\n

This drop in BTC price comes as JPMorgan warns that Bitcoin’s value may continue to fall in coming weeks if investors in Grayscale Bitcoin Trust (GBTC) continue to sell their holdings.<\/span><\/p>\n

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Bitcoin price could face more pressure with GBTC profit-taking, says JPMorgan#bitcoin<\/a> #BTC<\/a> #tafouio<\/a> #cryptonews<\/a> pic.twitter.com\/RiZ2oG84Gn<\/a><\/p>\n

— tafou.io (@tafouio) January 18, 2024<\/a><\/p><\/blockquote>\n