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

Despite a huge sell-off in cryptocurrencies, JPMorgan believes that Bitcoin’s fair price is 28% higher than its present level. This would seem to signal a “significant upside from here.” In fact, the firm had also claimed that $38,000 would be a reasonable price for Bitcoin. Cryptos have also replaced real estate as one of the bank’s […]