News Explorer — Bitcoin Could Be 'More Attractive' Than Gold Over Time, Says JPMorgan

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Feb 5, 8:49 pm

Coindesk

Bitcoin Could Be 'More Attractive' Than Gold Over Time, Says JPMorgan

JPMorgan analysts believe that Bitcoin's recent underperformance compared to gold may indicate a fading appeal as a hedge against market turmoil. The widening gap between the two assets has led to negative sentiment among institutional and retail investors, affecting not only digital assets but also stablecoin supply.

JPMorgan analysts believe that Bitcoin's recent underperformance compared to gold may indicate a fading appeal as a hedge against market turmoil. The widening gap between the two assets has led to negative sentiment among institutional and retail investors, affecting not only digital assets but also stablecoin supply.

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