• Written by: Crypto Breaking News
• Sun, 10 Mar 2024
•   United Kingdom

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 [...]The post JPMorgan Says Unrealistic to Expect Bitcoin to Match Gold Within Investors Portfolios appeared first on Crypto Breaking News.

JPMorgan Says Unrealistic to Expect Bitcoin to Match Gold Within Investors Portfolios

JPMorgan says the argument that bitcoins 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: Bitcoin.com

The post JPMorgan Says Unrealistic to Expect Bitcoin to Match Gold Within Investors Portfolios appeared first on Crypto Breaking News.