Here’s how much bitcoin is worth, says JPMorgan, as crypto faces this summer headwind

Stocks are set to continue inching higher on Thursday, as markets relax about inflation risks and exact details of what’s coming from the U.S. Federal Reserve. 

The cryptocurrency market is down significantly on the week, having lost $1 trillion of market capitalization from its peak of $2.5 trillion in early May, said a group of analysts led by Nikolaos Panigirtzoglou at investment bank JPMorgan
JPM,
+0.19%
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Panigirtzoglou and his team have our call of…


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