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

IBTimes

CenterMixed FactualityMedia Conglomerate: IBT Media

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.

Business Insider

Lean LeftHigh FactualityPrivate Equity: Kohlberg Kravis Roberts

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.

Forbes

CenterMixed FactualityWealthy Private Owner: Forbes Family (Publishers)

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.

MSN

High FactualityOther: Microsoft

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

Cointelegraph

CenterHigh Factuality

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.

bitcoin.com

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.