Category: investment bank

JPMorgan says BTC’s ‘fair price’ is $35K… but it still expects crypto to ‘outperform’

JPMorgan says BTC’s ‘fair price’ is $35K… but it still expects crypto to ‘outperform’

American multinational investment bank JPMorgan has put a price on Bitcoin (BTC), and it is a lot less than the asset currently trades for. In a report to investors as part of the bank’s inaugural outlook focused on alternative investments, strategists stated that alternative assets, which include cryptocurrencies, “should continue to outperform into 2022.” They […]

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