Home Bitcoin News First Mover Asia: Bitcoin Sinks Below $30K Amid Renewed Risk Fears – CoinDesk

First Mover Asia: Bitcoin Sinks Below $30K Amid Renewed Risk Fears – CoinDesk

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First Mover Asia: Bitcoin Sinks Below $30K Amid Renewed Risk Fears – CoinDesk


At a business conference Wednesday, JPMorgan Chase CEO, and crypto skeptic, Jamie Dimon told investors and analysts the bank would be conservative with its balance sheet, and to prepare for rough economic times. Dimon said he was worried about central bank quantitative tightening and the continued fallout from Russia’s invasion of Ukraine. “Right now, it’s kind of sunny, things are doing fine, everyone thinks the [U.S. Federal Reserve] can handle this,” Dimon said. “That hurricane is right out there, down the road, coming our way.

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