Bitcoin Is Unlikely to Match Gold’s Allocation in Buyers’ Portfolios in Nominal Phrases: JPMorgan

If bitcoin (BTC) had been to match gold’s allocation in investor portfolios, its market cap ought to rise to $3.3 trillion, implying a greater than doubling of its value, however that most likely will not occur due to the cryptocurrency’s threat and heightened volatility, JPMorgan (JPM) mentioned in a analysis report.