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JPMorgan sounds alarm over ‘frothy’ crypto markets after August growthJPMorgan (NYSE:) analysts have warned purchasers that cryptocurrency markets are wanting frothy after the August buying and selling growth noticed spot market buying and selling volumes as soon as once more prime $1 trillion.
In a notice to purchasers reported by Markets Insider, the JPMorgan analysts advised valuations in crypto markets, particularly altcoins and nonfungible tokens (NFT), are getting too excessive.
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