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JPMorgan places BTC fair price at $38K, declares crypto a preferred alternative asset

Summary by Ground News
JPMorgan has placed Bitcoin's fair value at $38,000, 28% higher than its current level of around $29,500. Bank strategist Nikolaos Panigirtzoglou was the lead author of that document. On the same day, venture capitalist Andreessen Horowitz announced the closing of its fourth cryptocurrency fund at $4.5 billion.
1 month ago

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IBTimes

JPMorgan Sees Significant Upside In Bitcoin Prices, Calls Cryptos Preferred Alternative Asset

Little sign so far that venture capital funding into the crypto sector is slowing down.

1 month ago·United States
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Business Insider

JPMorgan backs bitcoin to rise 28% and says cryptocurrencies are now its preferred alternative asset

The investment bank now thinks bitcoin and digital assets should rebound after the great sell-off of 2021 and 2022.

1 month ago·United States
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Forbes

JPMorgan Says Bitcoin Is Undervalued By 28%, Says Cryptocurrencies Are Now A ‘Preferred Alternative Asset’

Despite the crypto slump, banking giant JPMorgan says bitcoin is massively undervalued.

1 month ago·United States
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MSN

JPMorgan backs bitcoin to rise 28% and says cryptocurrencies are now its preferred alternative asset

1 month ago·United States
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Cointelegraph

JPMorgan places BTC fair price at $38K, declares crypto a preferred alternative asset

Megabank JPMorgan says Bitcoin is undervalued, cryptocurrency has upside in the markets and crucial venture capitalists are sticking around for it.

1 month ago
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JPMorgan Sees 'Significant Upside' to Bitcoin — Replaces Real Estate With Crypto as 'Preferred Alternative Asset' – Markets and Prices Bitcoin News

JPMorgan sees "significant upside" to the price of bitcoin. The global investment bank's price target for the cryptocurrency is 28% above its current price.

1 month ago
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80% of the sources are Center
Business Insider
IBTimes
Forbes
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Investing.com
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C 80%
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