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Market Cap:
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Bitcoin Bitcoin Share: 49.84%
Markets: 68427
CoinOtag
2024-07-13 22:43:32

Bitcoin ETF Stakes Could Hedge JPMorgan and Wells Fargo Against Rising Credit Card Debts

Bitcoin ETF Stakes Could Hedge JPMorgan and Wells Fargo Against Rising Credit Card Debts

The US is experiencing a surge in bad credit card debts, significantly impacting major banks like JPMorgan Chase and Wells Fargo. Speculation mounts regarding whether the Federal Reserve will address rising debt concerns through an interest rate cut. Notably, both JPMorgan and Wells Fargo have significant involvement in spot Bitcoin ETFs, which may serve as

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