JPMorgan says the argument that bitcoin’s market cap would rise to $3.3 trillion if it matched gold in portfolios, implying more than doubling in price, overlooks risk. “It would be unrealistic to expect bitcoin to match gold within investors’ portfolios in notional amounts,” a JPMorgan strategist stressed, adding: “Most investors take risk and volatility into […]
Source link
Trending
- Luma releases a new AI model that lets users generate a video from a start and end frame
- Kent issued four flood alerts by Environment Agency with more rain on the way
- Bishop of Arundel and Brighton Richard Moth gets a promotion
- £18,000 stress test – Startups.co.uk
- Rivian rolls out new ‘Universal Hands-Free’ driving feature
- Give as you Live expands beyond shopping donations with all-in-one fundraising platform
- Almond Milk vs Cow’s Milk: Which Is Healthier?
- Jump Trading Hit with $4B lawsuit Tied to Terra’s $50B Crash
JPMorgan Says ‘Unrealistic’ to Expect Bitcoin to Match Gold Within Investors’ Portfolios
By bibhuti
