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Cryptocurrencies: 22845
Markets: 83121
Market Cap: $1,975,203,902,777     
24h Vol: $64,901,144,366
Chaintimes 2021-01-25 12:51:26

Strategists at JPMorgan suggest that bitcoin is a ‘risk’ rather than a ‘safe asset.’

Strategists at JPMorgan suggest that bitcoin is a ‘risk’ rather than a ‘safe asset.’
Strategists at JPMorgan believe that it is more appropriate to characterize bitcoin as a “risk” asset rather than a “safe” asset. This is because of how the leading cryptocurrency, bitcoin, has behaved over the past year against equity, JPMorgan strategists led by Nikolaos Panigirtzoglou said in a note published Friday. Since March 2020, the correlation between […]Read full post Strategists at JPMorgan suggest that bitcoin is a ‘risk’ rather than a ‘safe asset.’ on Chaintimes.com.
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