JPMorgan says Bitcoin is becoming more attractive than gold for long-term investors đđ°. After gold's strong performance and rising volatility, Bitcoinâs appeal has strengthened.
Despite the recent downturn in crypto, liquidations have been fairly modest, and although Bitcoin ETFs are seeing outflows, the price is still well below the estimated production cost of $87,000. This level has historically been seen as a soft floor for Bitcoin.
The key point JPMorgan made is that Bitcoinâs risk-adjusted returns now outperform gold. Its volatility compared to gold has reached an all-time low, suggesting significant upside potential in the future. đđ
#Bitcoin #Gold #Crypto #Investment #JPMorgan
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