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JPMorgan warns that premature rate-cutting could inflate asset prices or increase inflation. The soaring price of bitcoin might delay the Federal Reserve's interest rate cuts. MicroStrategy's $2bn bitcoin purchases could worsen future downturns due to leverage, potentially leading to severe deleveraging in the market.
JP Morgan warned that introducing more leverage into #Bitcoin markets—like MicroStrategy selling debt to buy more $BTC—could make a potential correction all the more painful. Read more: https://t.co/iA50dUQaDg
MicroStrategy's Leveraged Bitcoin Buys Could Lead to 'Severe Deleveraging' If Market Drops, Says JP Morgan ► https://t.co/zFpxHu3oR1 https://t.co/zFpxHu3oR1
MicroStrategy’s $2bn Bitcoin purchases threaten to worsen any downturn, JPMorgan warns https://t.co/jgR3pnzFgK