Three Fundamental Catalysts Are Driving the Current Bitcoin Rally, According to Banking Giant JPMorgan.
11 Oct 2021, 08:00
Three Fundamental Catalysts Are Driving the Current Bitcoin Rally, According to Banking Giant JPMorgan
Market analysts from banking giant JPMorgan say they’ve identified three reasons behind Bitcoin’s latest surge.
In a note to Business Insider, the banking titan says that one catalyst of Bitcoin’s recent rally from the $40,000 level to $55,000 is the growing belief that it’s a better inflation hedge than gold.