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Published 2 years ago

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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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.

2 years ago·United States
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JPMorgan Sees 'Significant Upside' to Bitcoin — Replaces Real Estate With Crypto as 'Preferred Alternative Asset' – Markets and Prices Bitcoin News - DailyCrypto

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 […]

2 years ago
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MetaCrunchMetaCrunch

JPMorgan Sees ‘Significant Upside’ to Bitcoin — Replaces Real Estate With Crypto as ‘Preferred Alternative Asset’ – Markets and Prices Bitcoin News

JPMorgan sees “significant upside” in bitcoin price. The global investment bank’s price target for the cryptocurrency is 28% above its current price. JPMorgan has replaced real estate with cryptocu…

2 years ago
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BlockworksBlockworks

JPMorgan: Crypto Trumps Real Estate As ‘Preferred Alternative Asset Class’ - Blockworks

Bitcoin, which traded below $30,000 Wednesday afternoon, has a fair value of $38,000, according to the bank

2 years ago
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New Cryptocurrency NewsNew Cryptocurrency News

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.

2 years ago
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DropTownDropTown

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 Bitcoin — Replaces Real Estate With Crypto as ‘Preferred Alternative Asset’ – Markets and Prices Bitcoin News Source link

2 years ago
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