The Daily Hodl
2020-10-27 17:10:29

JP Morgan Says Bitcoin Going Head-to-Head With Gold, BTC Price Will Double or Triple if ‘Modest Crowding Out’ Occurs

US financial giant JP Morgan says Bitcoin has the potential to triple its price as BTC challenges gold’s status as the go-to alternative currency. Although Bitcoin is still a relatively small class asset with a market cap of $242 billion compared to gold’s $2.6 trillion market value, the cryptocurrency can potentially compete with the precious […]The post JP Morgan Says Bitcoin Going Head-to-Head With Gold, BTC Price Will Double or Triple if ‘Modest Crowding Out’ Occurs appeared first on The Daily Hodl.

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