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JPMorgan sees hope for Bitcoin as one of its leading 'alternative assets'

Summary by Ground News

JPMorgan believes that Bitcoin's fair price is 28% higher than its present level. In February, the investment bank determined the fair price of Bitcoin to be $38,000. Bitcoin has lost roughly 37% of its value this year, while Ethereum has lost about 48%.

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2 Articles

2 Articles

JPMorgan sees hope for Bitcoin as one of its leading 'alternative assets'

JPMorgan sees hope for Bitcoin as one of its leading ‘alternative assets’ Source link

4 years ago

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JPMorgan sees hope for Bitcoin as one of its leading 'alternative assets'

Cryptocurrencies have plummeted in 2022 after investors fled riskier assets. This has been the case due to growing inflation...

4 years ago

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AMBCrypto broke the news 4 years ago on Thursday, May 26, 2022.

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