JPMorgan begs CNBC to stop talking about "pet rock" BTC despite financial heavyweights seeing billions of dollars in spot Bitcoin ETF inflows.
Bitcoin (BTC) fell to intraday lows prior to the Jan. 17 Wall Street open as the World Economic Forum (WEF) offered fresh mainstream criticism.
Data from Cointelegraph Markets Pro and TradingView confirmed a BTC price dip to $42,400 on Bitstamp.
The largest cryptocurrency, still tightly rangebound after last week’s spate of volatility, repeatedly failed to sustain $43,000 as support amid a broad absence of liquidity.
