J.P. Morgan Sees Bitcoin Undervalued vs. Gold, Sets $170K Target
J.P. Morgan argues that Bitcoin is undervalued compared to Gold on a risk-adjusted basis and estimates a fair price of about $170,000 for the cryptocurrency within 6-12 months.
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J.P. Morgan argues that Bitcoin is undervalued compared to Gold on a risk-adjusted basis and estimates a fair price of about $170,000 for the cryptocurrency within 6-12 months.