JPMorgan Analysts: Bitcoin Is Likely to Survive (as a Speculative Asset)

JPMorgan Analysts: Bitcoin Is Likely to Survive (as a Speculative Asset)

Bitcoin proved itself a resilient asset, if not a stable or useful currency, during March’s global financial meltdown, according to analysts at one of the world’s largest investment banks. In a note to investor clients circulated June 11 and obtained by CoinDesk, JPMorgan Chase & Co. analysts described how bitcoin has shifted from a fairly …

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