JP Morgan Strategist: Strong Venture Capital Funding Indicates Crypto Market Will Move Upward

JP Morgan Strategist Nikolaos Panigirtzoglou stated that there has been an increased interest in bailing out companies, which should propel the market to move upward.

All is not lost according to the JP Morgan analyst, who predicted that the great crypto dip is slowly coming to an end. Another strong argument supporting his claim is strong venture capital funding over the past two months.