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

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.

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

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

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.

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.

JPMorgan Sees 'Significant Upside' to Bitcoin — Replaces Real Estate With Crypto as 'Preferred Alternative Asset' – Markets and Prices Bitcoin News - EasyCrypto24.com

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. JPMorgan has also replaced real estate with cryptocurrencies as its “preferred alternative asset class along with hedge funds.” JPMorgan’s Bitcoin Price Target Is 28% Above Current Price Global investment bank JPMorgan […]

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.