JPMorgan Predicts Bitcoin & Crypto Market Rebound in August
Bitcoin is down 20% in the last 30 days, but financial giant JPMorgan doesn’t expect the slump to last long. Investment banking giant JPMorgan recently said that Bitcoin and the greater cryptocurrency market will see a massive rebound take place in August. Indeed, the bank also “We continue to look for a crypto market rebound from August,” analysts at the bank stated in a recent report.
JPMorgan Foresees Bullish Bitcoin Recovery
JPMorgan predicts a bullish rebound for Bitcoin in August, despite recent intense corrections and market volatility. As per JPMorgan, the chief crypto asset will reportedly go through a price rebound in August this year following the current liquidations.
What's Driving the Potential August Crypto Surge?
JP Morgan Predicts Bitcoin Market Rebound In August. In a research report on Wednesday, JP Morgan suggested that BTC liquidations should abate this July, foreseeing a more stable market environment. While JPMorgan says the crypto market will see a decent bounce starting in August, it has reduced the year-to-date net flows from $12 billion to $8 billion. The bank adjusted its year-to-date crypto net flow reflecting market realities.
Bitcoin Reserves and Market Dynamics
Bitcoin reserves across exchanges have fallen in the last month due to liquidations by creditors of Mt. Gox and Gemini, and selling by the German government. This current pressure, however, is expected to subside, paving the way for a potential rebound in August as predicted by JPMorgan.
Important Note: Investment banking giant JPMorgan has said that the cryptocurrency market is poised for a significant rebound starting August 2025. While previous statements focused on August of the current year, some reports may contain older projections. Please verify information with the most recent JPMorgan research.
The last time an Altcoin Season was observed, it began by a rise