JPMorgan analysts suggest that Bitcoin could reach $165,000, drawing parallels to gold's recent record-breaking performance. The financial institution highlights that Bitcoin's market dynamics are increasingly mirroring those of gold, particularly as both assets are seen as hedges against inflation. This projection comes amid growing institutional interest and the evolving perception of Bitcoin as a digital store of value.
JPMorgan Predicts Bitcoin Could Hit $165K Following Gold's Surge
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.