
JPMorgan Insists Bitcoin Price Can Reach $146,000
The continued failure of gold to respond to heightened concerns over inflation in recent weeks has increased the allure for BTC as a better inflation hedge in the industry.
The continued failure of gold to respond to heightened concerns over inflation in recent weeks has increased the allure for BTC as a better inflation hedge in the industry.
JPMorgan strategists note that if all big fund houses and institutional giants start allocating even 1% of their assets to Bitcoin, it can create an additional inflow of $600 billion in the world’s largest cryptocurrency.
Experts note high anticipation among market participants for the launch of CME Group Bitcoin options trading.