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

Summary by Ground News
Global investment bank JPMorgan published a bullish note on bitcoin and cryptocurrency Wednesday. The bank's strategists, including Nikolaos Panigirtzoglou, wrote that their price target for bitcoin remains at $38,000. JPMorgan has also replaced real estate with cryptocurrencies as its preferred alternative asset class along with hedge funds.

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Blockworks broke the news in on Wednesday, May 25, 2022.
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